The upgrade of key industrial assets and devaluation of the national currency have created favourable conditions for developing domestic production. In the current circumstances, the prospect that sanctions could be alleviated or even fully removed demands a search for new approaches to Russias economic development. The potential increase of Western investors in the Russian market could well place an additional burden on local manufacturers. How can the Russian economy remain competitive if protectionist measures are removed? How can potential new realities be reconciled with the current benchmarks of the Russian economy? How likely is an increase in investment from Europe and Northern America in the event of an end to external disputes?