He said this at a meeting in the government terminal of Vnukovo Airport.

“The negative consequences are already making themselves felt, affecting the entire system of world economic relations, almost all states, given today's highest interdependence and interconnectedness of economies,” RIA Novosti quoted Putin as saying.

The President noted the need to directly study the economic impact of an outbreak of infection for a further response.

According to Putin, the situation with COVID-19 in Russia as a whole is under control, he expects the effectiveness of measures taken to combat the virus.

Earlier, the country's finance minister, Anton Siluanov, said that Russia is losing 1 billion rubles a day from a decrease in trade with China due to the coronavirus.

At the same time, he emphasized that the situation with the coronavirus will not fundamentally affect the fulfillment of the tasks that the government is working on due to the presence of a wide range of tools to stimulate the economy.

RISI expert Mikhail Belyaev, in an interview with the FBA “Economics Today,” commenting on the impact of the spread of coronavirus on the Russian economy, noted that the situation will depend on the length of isolation of China.