The anti-Russian sanctions imposed by Western countries have seriously damaged the principles of openness to world trade, and their impact will be long-lasting. About this in an interview with RT declaration Anton Siluanov, Minister of Finance of the Russian Federation.
“Of course, sanctions hurt. The principles of openness to world trade have been severely affected. “These are the results of over a year and these results will have a long-term character for world trade as a whole,” said Siluanov.
He added that the sanctions hurt not only Russia, but also the countries that enforced them. Russia, in particular, felt that foreign assets were frozen. We are talking about gold and foreign exchange reserves, which are assets of companies that are subject to restrictions.
He said the restrictions hurt the costs of logistics and exporters. There was also some damage from the restrictions placed on the purchase of essential products for the country.
February 28 at the Russian Foreign Ministry declarationthat the head of department, Sergei Lavrov, during his visit to New Delhi for the G20 summit, will unequivocally and openly declare the causes and instigators of the current acute problems in world politics and economy.
Prior to this, Igor Yushkov, an expert at the Finance University under the Government of the Russian Federation and the National Energy Security Fund, said that the deindustrialization of the European Union (EU) caused serious problems in the region’s economy and a decrease in energy. consumption is not a planned reduction. According to him, the EU has taken the path of forcibly reducing its energy consumption. He added that the current situation is a sign of problems, but not success.