Georgy Ostapkovich, Director of the Market Research Center of the Higher School of Economics, in an interview with the newspaper Komsomolskaya Pravda judicial The “vegetarian” new sanctions of the 10th package that the EU will bring against Russia.
As before reported In this issue of Politico, the 10th sanctions package prepared by the European Union against Russia will be discussed by European experts and ambassadors this week. The new restrictions are planned to affect four Russian banks, primarily Alfa-Bank, 130 organizations and individuals, and state media. Europe also plans to impose a ban on the export of certain goods, such as trucks and machinery used for construction, as well as Russian rubber and bitumen imports to the EU. The new sanctions may also affect the export of electronic components that can be used for military purposes.
“Yes, these are some kind of vegetarian sanctions. Russia will seek consumers of other bitumen and rubber products. Restrictions on construction equipment and trucks will hit the industry. But this is also a solvable problem and this will encourage the development of our own production.”
The economist suggested that sanctioned banks may experience some discomfort, and there may be problems with the SWIFT international settlement system.
However, this is not a transfer ban. Only the money will take a little longer. Transactions will not be instant, payments will take two to three days. And this applies not to citizens, but to transactions of large enterprises that trade with foreign partners. We somehow lived and traded before Swift, so it doesn’t matter, ”Ostapkovich explained.
Alfa-Bank previously commented on the possibility of imposing new sanctions and said it would not affect its customers in any way.
Source: Gazeta
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