‘We love sanctions’: Russian deputy PM says US attempts at economic pressure backf


View the original article: https://www.rt.com/politics/390615-we-love-sanctions-russian-deputy/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

Russian First Deputy Prime Minister Igor Shuvalov has said Moscow sees US sanctions as a means of attempting to gain a business advantage, rather than political leverage, adding that Russia has learned to benefit from hostile steps by the West.

Read more

No plans to lift food imports embargo – Medvedev

Before 2014 we in Russia saw sanctions as primarily a political tool, but now we definitely understand that this is pure business competition,” Shuvalov said at the St. Petersburg International Economic Forum (SPIEF).

The United States of America is using the possibility to sanction other countries as a reaction for some political events, but in reality it is quickly clearing the opportunities for itself,” Shuvalov added.

He also told participants that them among at the forum was a former member of Barak Obama’s administration, who had warned him about the possible use of sanctions. 

I told him then: We love sanctions. This is exactly what is happening now,” Shuvalov revealed. 

The exchange of sanctions between Russia and the West started in 2014 after the US, the EU and some of their allies introduced various restrictions against Russian citizens and companies as punishment for Russia’s alleged role in the conflict in southeast Ukraine, as well as for its reunification with Crimea.

Read more

Majority of Russians back current foreign policy, shrug off sanctions – poll

In the same year, Russia responded with a broad embargo on food imports from all countries participating in the original sanctions plan.

Since then, the sanctions have been repeatedly extended and sometimes expanded by both sides. In June 2016, Russian President Vladimir Putin signed a decree prolonging the retaliatory sanctions until the end of 2017.

Russian officials have repeatedly said that external pressure would not cause them to change course.

According to a public opinion poll conducted in mid-March this year, 75 percent of Russians think that the government shouldn’t give in to foreign pressure and change its policies because of the economic sanctions, which they believe are hurting both sides and will eventually be lifted.

Only 18 percent of respondents said the sanctions had inflicted serious damage on Russia’s economy and that the government must take action have them canceled. Over half – 59 percent – said they were ready to put up with economic difficulties for the sake of maintaining the current foreign policy course, in particular regarding Ukraine.

In the same category are

Headmaster apologizes for gender-neutral toilets that made pupils ‘uncomfortable’ Published time: 17 Oct, 2017 14:36 A headmaster at one of Britain’s top schools has been forced to apologize for introducing gender-neutral toilets. E...
Richard Spencer speech prompts state of emergency declaration in Florida Published time: 17 Oct, 2017 14:48 The Governor of Florida Rick Scott has declared a state of emergency in Alachua County. The announcement comes ahea...
‘Hated for Jewish roots’: Spanish paper apologizes to English football club for ‘distasteful’ claim Spain’s best-selling newspaper ‘Marca’ apologized after it caused controversy for claiming Tottenham Hotspur are hated by other teams because of their...
France considers massive tax hike on hard liquor Published time: 17 Oct, 2017 14:32 The price of cognac and calvados could increase significantly in France as the government plans a tax increase on s...
Bitcoin worse than casino gambling – Russian economy minister Published time: 17 Oct, 2017 14:35 As an investment bitcoin is less predictable than playing roulette in a casino, and unqualified investors shouldn’t...
Iraq plans to build new refinery in seized Kirkuk – oil ministry Published time: 17 Oct, 2017 14:15Edited time: 17 Oct, 2017 14:15 Iraqi Oil Minister Jabar al-Luaibi has announced plans to construct a new refinery i...

Dont forget to “Like” us on Facebook


Need something to share, visit our sister site for the

‘News in the last 30 days”

in a clear concise package ….

 

If you are an artist or interested in art, visit our art website and read about todays artscene and browse some of our artist profiles

 

Comment on this story