"We think, that the development of the sanctions situation is a deadlock, it goes against global trends, it hinders tackling threats the global civilization is facing…But as for our portfolio company, the situation will motivate us to seek external solutions, develop our technological base," he told RIA Novosti when commenting on US decision to extend anti-Moscow sanctions.
"The sanctions show that the government needs such institutions as Rusnano, which strengthen the national technological capacity," Chubais added.
Relations between Russia and the West soured in 2014 after the overwhelming majority of the Crimean population voted to leave Ukraine for Russia in a March referendum, prompting the United States, the European Union and their allies to impose sanctions on both Russia and the breakaway republic.
