Prospects of economic development in Russia during the period of economic sanctions

This article discusses modern sanctions affecting the Russian economy, as well as solutions and prospects for the Russian economy. Negative changes in the areas of economic policy have been identified. Measures for import substitution, search for alternative markets for exports and improvement of the investment climate in the country are presented, such as: creating conditions for localization of production; working with partners from friendly countries; reforming systems for training and supporting the activities of highly qualified personnel; identification of priority directions of technological development; creation of conditions for interaction of economic entities of different scales and cooperation between business and the state.