Tuesday, October 04, 2022
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Sanctions on Russia outside of global political & economic realities

Sanctions on Russia outside of global political & economic realities

Moscow, Aug 1 (Prensa Latina) Russian President Vladimir Putin assured that the anti-Russian sanctions orchestrated by the West do not reflect the realities of world politics and economy.
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Likewise, Putin said that with the increasing asphyxiating measures the United States and its European allies “threw the principles of the World Trade Organization into the dustbin”.

In this sense, he assured that the reduction of welfare, the quality of life of the common citizen, mainly in Europe, is of no interest to the Western rulers.

Putin also drew attention to the fact that restrictions on the work of the Russian metallurgical sector are a blatant manifestation of unfair competition.

“We see it, I repeat, also in other areas of the economy, the sanctions represent an attempt of the Western countries to curb the Russian business as one of the leaders of the world metallurgy and redistribute the markets, of course, in their favor,” the head of State summed up.

According to the Castellum.AI database, Russia is now the country most punished by economic measures, ahead of Iran, Syria, Democratic People’s Republic of Korea and Venezuela. Since mid-February, more than 8,893 new restrictive sanctions were activated against it, in addition to the 2,695 already in force.

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