Putin: Russia's Military Operation in Ukraine Going to Plan
Published Date: 4/12/2022
Source: Bloomberg Quicktake: Now
Russian President Vladimir Putin said on Tuesday that Russia will press on with its military operation in Ukraine until its goals are fulfilled.
Speaking during a visit to the Vostochny space launch facility in Russia's Far East, Putin said the campaign is going according to plan, adding it is not moving faster because Russia wants to minimize losses.
"The military operation will continue until its full completion and the fulfilment of the tasks that have been set," he said.
Commenting on the Russian economy, Putin said it had successfully resisted new Western sanctions.
The Russian leader said the economy and financial system withstood the impact of what he called the Western sanctions “blitz” and the ruble has recovered its losses.
Putin argued the sanctions will backfire against the West.
For example, he said restrictions on fertilizer exports from Russia and ally Belarus will drive up global fertilizer prices, eventually leading to food shortages and increased migration flows.
Putin said “common sense should prevail” and added that the West should “come back to reason and make well-balanced decisions without losing its face.”
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