Lavrov Discusses Economic Activity and Emphasizes New Opportunities Opening Up for Russia

Many of Russia's friendly countries realize that their economic operators can fill the void left by Western companies in the Russian market, thus it is important to develop ties with these countries, stated Russian Foreign Minister Sergey Lavrov.

“The expansion of interregional ties is gaining significant importance not only with our neighboring friendly countries but also with countries from other regions of the world. Many today understand that several Western companies have left Russia, which have been prohibited from operating in our market, and after their departure, promising and prospective spaces have opened up that can be filled by economic operators from other countries,” Lavrov's words were cited by TASS.

The Russian Foreign Minister also noted that interregional ties with China are currently developing dynamically, cooperation with India is ongoing, contacts with Turkey have intensified, and the expansion of cooperation with Iran is viewed as a priority. The collaboration with countries in the Caspian region, Syria is also developing, business ties with the United Arab Emirates are being strengthened, and there is a trend towards activating business and humanitarian ties with Saudi Arabia, Bahrain, and Oman.