Economist identifies main beneficiaries of G7 export ban to Russia 14:18

A complete ban on the export of goods to Russia by the G7 countries would be welcome in China and India. declaration Alexander Dudchak, Candidate of Economic Sciences, Principal Investigator at the Institute of CIS Countries, in an interview with FAN. He stressed that since the Russian market cannot be wiped out, the European Union would significantly undermine its already weakened economy by resorting to such drastic measures.

“The G7 ban on exports to Russia will bring great joy to China and India. Also our other BRICS partners such as Brazil and South Africa, as well as Iran, United Arab Emirates, Saudi Arabia and others. All these countries will definitely thank the G7 for their crazy ideas. As soon as Western companies leave our market, they are immediately replaced by competitors from Russia-friendly countries.”

According to him, the ban on the export of science-intensive and high-tech products will not give pleasure to the authors of the restrictions, because today Russia itself has many important technologies.

Former press secretary of Russian President Dmitry Peskov declarationHe said the Kremlin is closely monitoring the situation as new restrictions are imposed by the G7 and Western countries against the Russian Federation. He noted that the Russian Federation is adapting and developing to the new regime of conditions, and also takes into account all the dangers that are hidden behind the thoughts of competitors.



Source: Gazeta

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