Russia may not yet have reached the worst-case scenarios in economic and financial terms. So says Deputy Foreign Minister of the Russian Federation Alexander Pankin.
“We have always said that we are ready for any scenario, including the worst in economic and financial terms. Perhaps we have not yet reached the worst scenarios. Although it is common for our partners to threaten to take big steps, and then roll back a little, realizing that they are not just shooting themselves in the foot, but maybe somewhere higher, ”he said in an interview with the Izvestia newspaper.
He suggested that the sanctions against Russia “not just a rebound, but a sledgehammer hit our allies, the closest economic and trade partners in the Eurasian space.” The expert will clarify that the topic of sanctions has been on the Eurasian agenda for many years. Pankin expressed the hope that despite all the difficulties, Russia will be able to survive. In his opinion, there are many tools that will help the country advance in the economy – these are settlements in national currencies, as well as the possibility of attracting regional development banks for financing.
The United States actively imposed sanctions against Russia even before the events of 2014. So, for example, in 2012, with the repeal of the Jackson-Vanik amendment, the so-called “Magnitsky List” was simultaneously adopted, which regulated restrictions on Russian officials involved or even simply related (according to the United States) to the death of lawyer Sergei Magnitsky. The list includes several dozen officials from the Ministry of Internal Affairs, the FSB, the Federal Tax Service, the Arbitration Court, the Prosecutor General and the Federal Penitentiary Service. They were banned from entering the United States, and their monetary and property assets, if any, were frozen. All conclusions about the involvement of certain persons were made without investigation and without trial.