Russian President Vladimir Putin doubled down on Moscow’s economic resilience Friday, declaring Russia remains a \"key player\" in global trade despite sweeping Western sanctions. Speaking at the St. Petersburg International Economic Forum, Putin outlined bold plans to reshape the $2 trillion economy — from slashing imports to turbocharging BRICS currency use. 💸
🔑 Key takeaways:
Trade with Asia is \"soaring\", with nearly 40% of Russian external trade now conducted in roubles
Aiming to boost BRICS currency settlements (think: yuan, rupees) to reduce reliance on \"toxic\" Western currencies
Vows to double Russia’s stock market value by 2030 and fix labor shortages through education reforms
Putin’s vision? A self-sufficient Russia less dependent on imports, with major companies decentralizing from Moscow. But with oil still fueling much of its economy, the road ahead remains bumpy. 🛢️💡
Young entrepreneurs: Watch how this shift impacts global supply chains and crypto-alternatives in cross-border deals. 🌐⚡
