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Good afternoon, colleagues,

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Today, we will discuss a number of urgent issues in great detail,

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and we will focus on the situation in the construction sector,

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considering its fundamental role in the economy  

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and its significant social dimension.

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Before we do this, I would like to speak about a subject 

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that I consider important.

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We have discussed this matter with our colleagues in previous days.

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As you know, a number of Western countries 

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have made illegitimate decisions

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to freeze Russian assets in the past few weeks.

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And the “collective West” has virtually drawn a line 

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under the reliability of its currencies.

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We have also discussed this aspect;

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and the West has compromised trust in these currencies.

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The United States of America and the EU have announced 

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that they are, in principle,

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defaulting on their obligations with regard to Russia.

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Today, everyone in the world knows –

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they suspected it before, but now they know –

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that dollar and euro obligations may not be fulfilled.

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I have already provided a definition for such actions,

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and I am not going to go into detail.

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It is absolutely clear, though, that given the circumstances,

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it makes no sense for us to supply our goods to the European Union 

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or the United States and be paid in dollars,

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euros or certain other currencies.

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So, I have decided to implement, 

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in the shortest possible time,

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a package of measures to transfer payments, to begin with,

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for natural gas supplied to “unfriendly countries” to Russian rubles;

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that is, we will not accept any compromised currency 

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to be used in these transactions.

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At the same time, on a separate note,

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I would like to note that Russia will continue to supply natural gas 

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in the agreed to volumes and for the agreed-on prices 

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as indicated in the existing contracts.

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Unlike some of our colleagues, 

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we value our business reputation 

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as a reliable partner and supplier.

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These changes will affect only the transaction currency,

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which will now be Russian rubles.

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I want the Government to direct Gazprom accordingly 

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and to amend the existing contracts.

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At the same time, all our foreign consumers

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should be given an opportunity 

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to make the necessary transactions,

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and a clear and transparent procedure for making payments 

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should be created for them, 

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including the purchase of Russian rubles 

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on our domestic foreign exchange market.

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I want the Bank of Russia, in conjunction with the Government,

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to determine the procedure for such transactions within one week.

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I propose moving on to the agenda, and I turn it over to Mr Mishustin.

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Mr Mishustin, please go ahead.