Air Freight News

Putin, hinting at sanctions, warns on risks of foreign software

President Vladimir Putin ordered top executives of state companies to speed efforts to shift to domestic software, hinting that future rounds of western sanctions could leave them cut off from the imported programs they rely on.

“Colleagues need to understand that at some point even what they use today will, for well-known reasons—we won’t speak of sad topics here—simply be closed off and that’s it,” Putin told government officials in a televised videoconference Wednesday.

He endorsed a proposal to make top executives at state companies personally responsible for failing to meet targets to shift to domestic software after Maksut Shadayev, minister of information technology, told him few companies had attained the goals. “If they’re not ready, they will bear the responsibility,” Putin said.

Some Russian state companies and government agencies had their access to foreign programs cut off after being targeted by U.S. and European sanctions in recent years. The Kremlin responded by mandating state firms shift to locally developed programs.

Tensions over Ukraine have led the U.S. and its allies to threaten possible new restrictions on Russia in recent weeks.



© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories
EU warns US electric-vehicle subsidies may inflame tensions
View Article
Yellen says lifting output may need protectionist-like steps
View Article
China’s exports and imports hit new records on strong demand
View Article
Europe’s new trade weapon faces hurdles before it’s unveiled

The European Union has yet to unveil its new proposal for an anti-coercion trade tool to safeguard the bloc’s geopolitical interests, but it’s already facing skepticism.

View Article
US trade gap shrinks for first time since July on export surge
View Article
Canada’s trade surplus widens on oil exports, auto rebound

Canada’s trade surplus widened in October on a jump in exports of autos and energy.

View Article