Former Austrian Foreign Minister Karin Kneissl on Turkish TV channel TRT World He stated that due to the sanctions against Russia, many countries have lost their trust in international institutions.
He pointed out that confidence was lost after market players saw what was happening with financial transactions and central bank money. According to him, the leaders of countries see that the same thing can happen to them.
“Trust can’t be bought. That’s what you have to earn,” he says. DEA News her words.
Kneissl noted that the purpose of the sanctions – to affect Russia – was not achieved.
The former head of the Austrian Ministry of Foreign Affairs summed up that the Russian Federation did not change its behavior after the restrictions.
Former Russian Finance Minister Anton Siluanov declarationthat sanctions do long-term damage to the principles of world trade.