Chemezov called attempts to replace all imports senseless

The HEAD of Rostec Sergey Chemezov called sanctions"unprecedented" and acknowledged that the Russians had lost access to certain goods,but urged to "keep a sober mind" and "to be aware of the scale of the tasks" Sergei Chemezov

RUSSIA must remain part of the global world, where development is impossible without international partnerships, said Sergey Chemezov, head of the Rostec state corporation, in an article for RBC.

According to Chemezov, isolation, including technological isolation, as well as trying to do everything on your own, is “a road to nowhere.” “The betrayal of the West is not a reason to close windows and doors. We are not on the path with the promoters of sanctions, but we have partners in other regions of the world who today behave consistently and principledly,” Chemezov added.

Sergei Chemezov "Where does the disregard for the Russian come from?" Head of Rostec on import substitution Opinion

Since the start of Russia's military special operation in Ukraine on February 24, the United States , European countries and some of their allies have imposed hundreds of new political and economic sanctions, which include large-scale restrictions on the Russian financial system (including restrictions against the Central Bank and major banks), the activities of a number of major Russian companies and certain sectors of the economy, as well as the closure of airspace and seaports, personal sanctions against the Russian leadership, major entrepreneurs and, in some cases, members of their families. In March, Russia became the world leader in terms of the number of sanctions imposed against it, overtaking Iran. At the same time, Deputy Prime Minister Yury Borisov noted that "the full scale and depth of the current sanctions <...> was difficult to predict."

The head of Rostec considers the restrictions introduced unprecedented, but believes that “replacing everything is pointless, economically impractical and simply impossible.” This is not done by any developed country in the world, Chemezov stressed. “Yes, at the moment we have lost access to certain goods, technologies, components. But this is not a signal for total import substitution,” Chemezov said, noting that in the current conditions, the main thing is to “keep a sober mind” and be aware of the scale of the tasks.

According to Chemezov, a step-by-step action plan for the near future should be based on answers to the questions, what specific goods and technologies today determine dependence on imports; whether there are parallel import routes, or alternative suppliers; how long does it take to make by ourselves.

Defense companies named the main difficulties due to new sanctions Economics

As an example, the head of Rostec cited the case of KAMAZ. The company came under sanctions on February 25, the day after the start of the special operation in Ukraine. After the departure of the European partner, the plant needed to replace about 250 components as soon as possible, Chemezov recalled. About 220 positions were localized in just a month, other suppliers were found for the remaining 30, he said. As a result, today the plant is working, by the end of the year the production of new-generation K5 trucks will resume without the participation of former Western partners, the head of Rostec said, calling it a good result.

In the field of critical technologies that affect national security, the need for technological sovereignty is obvious, Chemezov said. He singled out the most promising areas - civil aviation, power and heavy engineering, oil and gas equipment, and instrumentation. “The development of these industries has a huge multiplier effect. It is on them that the organizational and financial efforts of industry and the state should be concentrated as much as possible, ”concluded the head of Rostec.