Tuesday, 02 January 2024 12:17 GMT

Russia Seeking Asian Migrants To Address Labor Shortage


(MENAFN- Khaama Press) Russia is seeking to attract more migrants from Asian countries to address its labor shortage. The move aims to expand Russia's workforce beyond the former Soviet republics. This decision was announced on Tuesday and is expected to have a significant impact on Russia's labor market.

Maxim Reshetnikov, Russia's Minister of Economic Development, mentioned in a parliamentary session that Russia should not rely solely on former Soviet republics for labor. He added that the country is currently in negotiations with Myanmar, a nation with about 6 million citizens working abroad, to bring in more workers.

He stressed that without an effective immigration policy, it will be difficult for Russia to meet its labor needs and sustain economic growth. He emphasized the importance of an open-minded approach to immigration and the need for discussions to address the issue.

This decision comes at a time when Russia's unemployment rate has dropped to 2.3%, the lowest level in history. President Vladimir Putin has acknowledged the labor shortage as one of the country's major economic challenges. Large companies, including Severstal steel, have expressed concerns about regional restrictions on hiring migrant workers.

The ongoing war in Ukraine and the widespread recruitment of labor into the military and defense industries have led to a significant drain on the workforce. Hundreds of thousands of people have left Russia over the past two years, further exacerbating the labor shortage in civilian sectors.

Russia's decision to seek labor from outside the former Soviet Union reflects the growing challenges of its shrinking workforce. The country's reliance on foreign labor is becoming increasingly crucial for maintaining its economy amidst the ongoing war in Ukraine.

The conflict in Ukraine has led to widespread disruptions, drawing many workers into the military or defense industries, further complicating Russia's economic situation. The country is now forced to look for labor in countries like Myanmar to fill the gaps left behind.

The broader implications of these efforts could reshape Russia's relationship with its neighbors and impact the global labor market. It will be important to monitor how this shift in migration policy influences both Russia's economy and its geopolitical standing.

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