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Russian President Vladimir Putin says his country can use Western sanctions to boost economic development by becoming more self-reliant.
He is taking part in a live televised phone-in, with Russia's economic problems figuring prominently.
Mr Putin said he had told business leaders that he did not expect EU-US sanctions - imposed over Russia's actions in Ukraine - to be lifted soon.
"We need to use the situation to reach a new level of development," he said.
It is the 13th such annual phone-in - and usually they last about four hours.
The BBC's Sarah Rainsford in Moscow says the event is highly choreographed but does reveal Russians' concerns. Russians' real incomes have fallen this year for the first time since Mr Putin came to power.
About two million people have submitted questions. Russia's ailing economy is a national preoccupation.

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