Vladimir Putin had a meeting with government members at the Kremlin, presidential web page reported. At the meeting, Economic Development Minister Maxim Oreshkin shared his views of the latest World Economic Forum in Davos.
As he said, “Overall, the forum was a rather negative experience. The international mood has greatly worsened over the past year, also because the global economy was rapidly losing momentum in the last quarter. Representatives of major companies and countries are aware of the rising problems but they do not see any solutions to them” since “solutions to global problems are unlikely to be found until domestic political problems are settled.”
“One of the reasons for the slackening economic growth is the trade wars, which are splitting the world into separate blocs and destroying the system that was effective for the past years,” the minister pointed out.
“The attitude towards Russia is positive”, Mr Oreshkin noted. “It is gradually improving because the Europeans are seriously frustrated with what the United States is doing, in particular, increased steel and aluminium tariffs and several other things.”