Russian manufacturers to get support in case of Western sanctions - Medvedev

In view of possible sanctions from the West, the Russian government will render the necessary support for domestic manufacturers, which rely on supplies from abroad, Russian Prime Minister Dmitry Medvedev said on Tuesday.

“The domestic industry, which has some sectors that rely on supplies from abroad, will receive the necessary support from the government,” Medvedev said. “We are definitely not turning away from cooperation with foreign enterprises, including from the Western countries, but we will be ready for unfriendly steps.”

Russian Prime Minister Dmitry Medvedev said the government will be able to minimize the consequences of the sanctions against Russia imposed by the West for reunification with Crimea.

"I'm confident we'll be able to minimize their consequences. The government is ready to act in new conditions, when priority is given to the protection of the economy and citizens from such unfriendly actions that can follow due to the aggravation of the foreign policy situation," Medvedev said as he was delivering his annual report at the State Duma lower house of Russia's parliament.