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17 March 2022, 09:48

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

Aleksandr Alesin
Aleksandr Alesin

MINSK, 17 March (BelTA) - 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.

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