Russian officials stated that trade volume continues to increase. No independent verification of these figures has been provided in the summary.
Russian Finance Ministry sets Hormuz opening scenario for $50/bbl oil price in budget
Summary
The ministry is deliberately budgeting a rather low oil price to mitigate the risks of unexpected deficits, Igor Yushkov noted
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Sources
- TASS (Russia)(Russian State)
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Russian Foreign Ministry Spokeswoman Maria Zakharova stated that the measure would not strengthen the "resilience" of the Ukrainian government, a characterization reflecting the Russian delegation's perspective on the ongoing conflict.
Andrey Sobolev stated that Russian companies and the state share aligned priorities in sectors including pharmaceuticals, semiconductors, agribusiness, textiles, tourism, and mechanical engineering. These areas were identified as key domains where corporate capabilities match national requirements.
According to Russian Security Council Deputy Secretary Alexey Shevtsov, the situation has led to an economic downturn characterized by a shift from stagnation to recession. He further reported associated declines in industrial output and employment figures, though independent verification of these specific metrics is not provided in the summary.