Opinion: Western sanctions open up great opportunities for small, middle-sized business

11:13, 17 March

photo: pixabay

Western sanctions open up great opportunities for small and medium-sized business, military expert Aleksandr Alesin said in an interview to ONT TV channel, BelTA has learned.

“Great market opportunities are opening up for small and medium-sized businesses in the Russian Federation. Many programs, which have been postponed because of the influence of the Western lobby, can now be put into action,” said Aleksandr Alesin.

According to him, such major industries as aviation and automotive industry can also get a boost to development. The expert noted that Belarusian companies can replace Western products in Russia. “KAMAZ is in a difficult situation. Now it cannot use Western components and trade in the Western market. Those, like MAZ, which has Chinese components, have won. Now it can occupy the relevant niche on the Russian market,” he cited an example.

“All companies, which could not operate fully because of the domination of Western companies, can now find a new lease of life, get state support and occupy the vacated niche,” Aleksandr Alesin added.

Other materials of «Economics»

Belarus intends to boost agricultural exports to Moscow Oblast via commodity exchange

13:13, 12 February

MAZ to expand use of additive technologies with new 3D printer

11:52, 12 February

Belarusian MAZ to roll out extra-large capacity articulated electrobus in 2026

20:57, 10 February

Snopkov outlines tasks for new head of Great Stone industrial park

11:43, 10 February