Related Keywords: develop national machine building industry, import of industrial equipment, nonwoven industry, Russian government, Russian industrial production, western countries
The Russian government has recent taken up decision to impose a ban on the import of industrial equipment from Western countries. The decision was the Russian government’s response to recent sanctions, imposed on the country by the European Union and the United States, which has resulted in the ban on the import of a range of goods and products for various segments of Russian industrial production.
Also up to 90% of modern equipment for industry is currently imported from abroad, while local producers are still unable to compete with importers.
