Sunday, September 21, 2014

Russia will survive sanctions – Medvedev – Bulletin

Russia will survive sanctions – Medvedev – Bulletin

Rethinking the opportunities for economic development and cooperation with Asian regions ?? the main challenge for Russia, Prime Minister Dmitry Medvedev.

« The main task for the coming years ?? give new life to our promising territories to cooperate with the Asian region, radically rethink the possibilities for economic development “, ?? Medvedev wrote on his page on Facebook.

« I want to say that sanctions are not the worst thing for our country, their Russian survive “?? the prime minister said.

According to him, Russia has always looked at both the West and the East, and to abandon this tradition will not.

Earlier on Saturday in an interview « Russia 24″ Medvedev said that the decision to ban the import into Russia of a number of products that have been prepaid, but fell under the sanctions, revised will not.

« This is the company’s losses, it is force majeure, which exists in every country,” ?? he said. « All, here the issue is closed, I ask this not to return!” ?? Prime Minister added.

In March 2014 in respect of Russia was introduced several packages of sanctions first point against individuals, and then wider, affecting whole sectors of the economy. July 29 US Treasury announced sanctions against the Bank of Moscow, And Agricultural Bank, and the United Shipbuilding Corporation.

In response, Russia has restricted the import of products from countries that have acceded to the package of sanctions against it. The prohibition also included beef, pork, fish, vegetables, fruit, dairy products and some other products from USA, Canada, Australia, Norway and the EU.

12 September the European Union introduced a new package of sanctions, which included three fuel and energy companies in Russia ?? « », « » and « “. The EU imposed a ban on Trades in bonds of these companies with a maturity of over 30 days and involved in arranging such securities. Were also taken to the restrictions on lending and investment services for five Russian banks ?? VTB Gazprombank VEB and the Agricultural Bank.

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