Western sanctions significantly harm Russia, says US Treasury Secretary Jack Lew. He made this statement speaking at the budget hearings in the US Congress, RIA Novosti reported.
From his words, it should, in particular, that the recommendation of the US authorities to the banks not to buy Russian Eurobonds in fact, too, was part of a policy “very strong sanctions “imposed on Moscow in connection with the Ukrainian crisis.
« Now they are trying hard to attract financing through eurobonds. And it is difficult to draw any financial institution to work with them, despite the fact that it is technically under the sanctions does not fall “, – he said
06:02 10 March 2016
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The document of the day: The Origins of American behavior towards Russia
Liu stressed that the US is unable to “maintain unity among European allies that sanctions remained in force»
. On the question of how effective measures taken, Liu said: “We have developed these sanctions so as to minimize side effects for others and direct them to the people closest to the adoption of solutions to the challenges.” “I think they are very effective,” – he emphasized
The Minister found it difficult to accurately assess their impact, since, in his words, “the rapid decline in oil prices have a lot of factors, damaging the Russian economy.” . “But the Russian economy is in a terrible state, and partly iz-za sanctions”, – he said.
«I can tell you that the Russian economy is now in a much worse state than if the sanctions were not, and that because of that in Russia many wear “, – said the minister
Liu added that the US” would love to lift the sanctions “in case of” implementation of the Minsk agreements “and” policy change “Russia
February 25 the US authorities recommended the US investment bank does not engage in transactions with Russian bonds. According to The Wall Street Journal, the State Department said that “private companies in the US, the EU and the world need to understand that Russia will remain a market with a high degree of risk” to stabilize the situation in Ukraine.
After annexation of Crimea to Russia, as well as the aggravation of the conflict in the east of the USA in Ukraine, and after them, and several other countries, including EU member states, have introduced several packages against Russia sanctions. Restrictions affected both the individual legal entities and individuals, and entire sectors of the Russian economy.
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