Reshetnikov said that sanctions against Russia will destabilize the situation in the global economy.

In the framework of the Asia-Pacific Economic Cooperation (APEC) forum, the head of the Ministry of Economic Development of Russia, Maxim Reshetnikov, expressed the opinion that anti-Russian sanctions will destabilize the situation in the entire global economy. About Writer TASS referred to the press service of the Ministry of Economic Development.

Reshetnikov urged the partners in the organization to overcome the global crisis that has arisen due to restrictive measures together.

“The ban on trade in certain groups of goods and restrictions on financial transactions, the threat of the closure of ports and mass arrests of ships, the suspension of air and land communications – all this was aimed at undermining the Russian economy. But it is actually destabilizing the entire global economy,” he said.

According to the minister, the sanctions limit supplies, causing an increase in logistics costs. This, in turn, is leading to a global rise in food prices, deteriorating the well-being of people in the most vulnerable low-income developing economies.

At the beginning of May 21, the press service of the Ministry of Economic Development reportedRussia and Thailand are considering restarting direct flights between countries for tourism.



Source: Gazeta

Popular

More from author

US imposes sanctions on a facility in Belarus and three Chinese businesses 00:48

The US imposed sanctions on the Minsk Wheeled Tractor Factory (MZKT) and three Chinese enterprises for allegedly transferring missile technology to Pakistan. This...

Muscovites can expect the return of warm spring starting early next week 00:39

Temperatures in Moscow will rise to 20 degrees Celsius as of Monday, April 22. In this respect TASS said Roman Vilfand, scientific director...

An officer of the Ukrainian Armed Forces predicted that the Russian army will make a new breakthrough at the front 01:05

An unnamed officer from the Ukrainian Eastern Command predicted that Russian troops would make a new breakthrough on the front. He told this...

And why shouldn’t there be an ‘ex aequo’ prize at Bonfires?

-->Subscribe to continue reading Source: Informacion