The global economy has adapted to the Russia-Ukraine conflict and is no longer affected by the conflict. This view was expressed by Egor Sergeev, Associate Professor of the Department of World Economy and Senior Research Fellow at the MGIMO Institute of International Studies (IIS) of the Russian Ministry of Foreign Affairs, in a meeting with the Russian Ministry of Foreign Affairs. ura.ru.
“The impact of private military operation on the global economy has almost disappeared. So how can we affect the world economy?” – stated that a significant part of the connections were rerouted and trade moved in other directions.
Sergeev added that energy flows to the European Union and household goods exports from Ukraine occur through alternative routes.
At the same time, Maxim Maramygin, director of the USUE Institute of Strategic Planning and Financial Analysis, believes that military operations have an impact primarily on the European economy.
According to him, this is not happening directly, but “again, thanks to the prohibitions within”. He added that the Russian economy will need time to “change directions” after the end of the conflict.
On January 11, State Duma deputy Dmitry Belik commented on the new US sanctions package against the Russian energy sector. statedHe said that the Russian side is creating plans to overcome the restrictions and the necessary partnership.
Previously reportedHe said the lifting of new US sanctions against Russia could become part of a deal with Ukraine.
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Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.