Club events
Economic Statecraft
Import Substitution: Technological Sovereignty and the Cultivation of Russian Brands
On September 16th, the Valdai Club hosted a discussion dedicated to the issues of import substitution in the context of anti-Russia sanctions. “Since February 2022, so-called export controls targeting Russia have reached a level that the world has not seen implemented, probably, for the last seventy years,” said Ivan Timofeev, Programme Director of the Valdai Club, who moderated the discussion. “We predict that the process of imposing export and import restrictions will continue.” According to Timofeev, the best way to adapt to this process is import substitution.