Putin named one of the main areas of impact on the Russian economy

Limitations regarding microelectronics are one of the most difficult topics and one of the main areas of impact on the economy. According to Putin, Vladimir Putin at a meeting with young entrepreneurs, engineers and scientists

One of the main areas of the Russian economy, which Western countries sought to strike at the expense of sanctions, is microelectronics, Russian President Vladimir Putin said at a meeting with young entrepreneurs at VDNKh, the broadcast was on the Watch platform.

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“Our government has been trying for several years to launch, recreate and create a microelectronic industry in RUSSIA on a new basis. This is one of the difficult topics, difficult and one of the main areas of attack on Russia from the entire set of restrictive measures,” he said.

After the start of the Russian special operation in Ukraine, Western countries began to impose sanctions against Moscow, which affected, among other things, the EXPORT of microelectronics and high-tech products. In particular, restrictions were imposed by the UK and the US Department of Commerce . The US sanctions will affect the military-industrial complex (DIC), aircraft manufacturing and shipbuilding. Now the American export regulator BIS will refuse to issue licenses to exporters to supply "sensitive" products to Russia for the defense, aerospace and shipbuilding industries. Among them are semiconductors, computers, telecommunications, information security equipment, lasers, sensors. Restrictions on exports to Russia also apply to semiconductors manufactured in Asia using American equipment.

UK to ban export of microelectronics to Russia Politics

London banned the export to Russia not only of microelectronics, but also of marine and navigational equipment. British Foreign Secretary Liz Truss then said that the measure was designed to "slow down the Russian economy" for many years.

In April, the European Union extended an embargo on supplies to Russia of equipment that could help "improve the military and technological potential" of the country. The ban includes such products as drilling rig gauges, hydrogen sulfide monitoring and detection systems, seismological measurement equipment, quantum computer equipment and components, quantum electronics, several types of electron microscopes, equipment for additive manufacturing of metal parts, vacuum pumps, cryogenic systems cooling, high entropy alloys, explosives, etc. According to the European Commission, the restrictions should affect those
sectors "where Russia is vulnerable - for example, quantum computers and advanced semiconductors."

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US President Joe Biden , in turn, planned to stop more than half of Russia's high-tech imports through sanctions. The restrictions imposed by the country's Ministry of Commerce have tightened the rules for obtaining permits for the export to Russia of microelectronics, avionics and aircraft parts using American technology. The measure affected microelectronics of telecommunications equipment, sensors, marine and navigation equipment, avionics and aircraft components.

Restrictions on the export to Russia of certain types of high-tech equipment were also introduced by Japan and the EU countries.

In March, experts from the Center for Macroeconomic Analysis and Forecasting published a report stating. that the areas of the economy where semiconductors were used were most affected by anti-Russian sanctions. The automotive and aircraft industries were also among the most vulnerable areas.

Foreign Minister Sergei Lavrov later called for reducing dependence on Western supplies in critical industries. In early June, Prime Minister Mikhail Mishustin ordered the creation of industrial competence centers for import substitution in key sectors of the economy.

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