Mishustin: pandemic becomes catalyst for changes in industrial sector

Mishustin: pandemic becomes catalyst for changes in industrial sector

The novel coronavirus pandemic has posed risks to macroeconomic stability but has facilitated digitalization and other changes in the industial sector that has been pressing for years, Russian Prime Minister Mikhail Mishustin said on Sunday.

"The coronavirus pandemic in general has created risks to the global macroeconomic stability, has brought disbalance into the production sector, global trade," he said at a meeting with Russian and foreign businessmen during his working trip to the Urals Federal District.

However, in his words, the pandemic "has prompted processes of digitalization." "It was become a kind of a catalyst for a great number of changes that have been piling up in the industrial sector for year," he explained.

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