Flags of Russia and the EU. Archive photo
Sanctions against Russia are not as good as expected in the West, according to the British Economist.”Unfortunately, the sanctions war at the moment is not as good as expected”, – stated in the material.
The publication notes that Russia’s financial system has stabilized, and the country finds new suppliers for some types of imports, including China.
“It turns out that the sanctions weapons have flaws. One of them is the time delay. To lock the access to technology that the West monopolisieren, it takes years,” emphasizes Economist.
After the start of the Russian operation in the Ukraine, Western countries began to impose sanctions against Russia, in particular on Russian energy. Russian President Vladimir Putin said that the policy of containment and the weakening of Russia – this is a long-term strategy of the West, and the sanctions have dealt a serious blow to the global economy.
In late July, the EU adopted a new package of sanctions, which included a ban on gold imports from Russia, limitations of Sberbank, as well as sanctions against dozens of physical and legal entities.