ASTANA (Sputnik) – Kazakhstan's capital of Astana is hosting the EEU Supreme Council meeting on Tuesday.
"It is necessary to continue paying priority attention to carrying our coordinated policies in key sectors of economy… [We believe] that it would be promising for other countries to join Russia in [implementing] the import substitution policies it carries out," Putin said at the event.
Import substitution in Russia's economy, urging companies to localize their production and create new work places in Russia, has become of current interest to the country since mid-2014.
The Western states imposed several rounds of sanctions against Moscow, citing its alleged involvement in the Ukraine conflict denied by Russia. The restrictions targeted Russia's banking, energy and defense sectors. Russia imposed restrictions of its own, banning food imports from the countries that sanctioned it.
