It is important to take full advantage of the opportunities offered by import substitution

16 march 2016

“The Analytical Center is keeping close tabs on the implementation of import substitution plans in various sectors of the economy and is ready to continue to act as venue for coming up with compromises and offering actions,” said Analytical Center expert Eugeny Gasho in his opening address at the business conference Cables and Wires for the Military Defense Complex: Specifics of Doing Business to Meet Modernization Objectives, that was held as part of the 15th anniversary international cable and wires fair CABEX 2016.

“Under the current conditions, when Russian defense manufactures that build military and social infrastructure facilities for the army and the navy have more opportunities to participate in import substitution programs, it is important to take full advantage of the opportunities,” Mr. Gasho believes. According to the expert waiting for someone else, like the Ministry for Industry and Trade of the Russian Federation, state supervision authorities or some other organization, to do all the work would be a mistake today. Business, experts, and public organizations should join forces to move forward together.