15:53 GMT03 August 2020
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    German conglomerate Siemens' suspension of power equipment supplies to Russian state firms on Friday facilitates the Russian import substitution program despite creating short-term disruptions, Russian lawmaker Vladimir Gutenev told Sputnik.

    MOSCOW (Sputnik) — Gutenev, deputy chair of the State Duma's economic policy and business committee, noted that Siemens "does not have a monopoly on technology, and there is a fairly wide range of proposals from other countries, including in Southeast Asia."

    "I think that the advantage of this opportunity, which on the one hand creates short-term inconveniences, on the other hand provides opportunities for unrestrained import substitution. We have the expertise," Gutenev said.

    Last week, Siemens said it had received information from reliable sources that at least two of the four gas turbines, supplied for a project in southern Russia's Taman, had been moved to Crimea. The company said this development was a clear violation of supply contracts with Siemens, which ban the client from supplying equipment to Crimea.


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    import substitution, Siemens, Vladimir Gutenev, Russia
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