Putin: Restrictions on Russian microelectronics are one of the main directions of Western sanctions

　　China News Agency, Moscow, June 9 (Zhang Yuchen and Tian Bing) Russian President Vladimir Putin said in an exchange with young entrepreneurs and scholars on the 9th that restrictions on the field of microelectronics are one of the main directions for the West to attack Russia.

　　Putin said that the Russian government has been working hard for many years to rebuild and create the microelectronics industry on a new basis, which is one of the difficulties and one of the main directions for the West to launch sanctions against Russia.

He pointed out that some countries have historically tried to impose restrictions on Russian technological development.

For example, the Soviet-era "Multilateral Export Control Coordination Committee" embargo list, etc.

Putin said the restrictions continued even during a period of "friendly cooperation" between Russia and the West, and were only more severe for now.

　　The United States and some Western European countries jointly established the "Multilateral Export Control Coordination Committee" in 1949, also known as the "Paris Coordinating Committee", to impose embargoes and trade restrictions on socialist countries such as the Soviet Union.

　　At some point, Putin said, Russia decided it could simply sell oil and gas and "buy the necessary technology cheaply", "in fact at the expense of cheap Russian energy."

He noted that, while the statement was fairly broad and general, it was "by and large."

　　Putin pointed out that due to the sanctions imposed on Russia, Russia was forced to open engineering schools, including in the field of microelectronics.

In addition, he pledged to hold talks with Prime Minister Mishustin on issues such as ensuring that domestically produced components take precedence over imported ones, and legislative proposals to simplify the procurement process for experimental components.

　　Putin emphasized that Russia will not engage in self-isolation economically, the containment of Russia by Western countries is destined to fail, and Russia will not set up obstacles for itself.

(Finish)