/ world today news/ The international media write about the fatigue of the anti-Russian sanctions, the fears that the West itself will suffer more from them. This is felt by the EU’s tenth package and the reluctance to hit Rosatom. About what the G-7 countries are striving for – in the material?
The sanctions are over
According to the “Financial Times”, the European Union has reached the limit of the economic struggle with Russia. The newspaper’s sources believe that it is more rational not to introduce new bans, but to complicate the circumvention of the previous ones and expand the blacklist of persons. Otherwise, unanimous support for the sanctions war cannot be sustained.
According to Bloomberg, in 2022 the export of nuclear fuel and technology from Russia increased by 20%. Kyiv considers this outrageous and demands urgent action. But in Europe they object. Bulgarian President Rumen Radev even threatened to impose a veto. Moscow’s permanent representative in international organizations in Vienna, Mikhail Ulyanov, believes that Budapest and Paris, also connected to Rosatom, will support Sofia.
Lithuanian European Commissioner Virginius Sinkevičius admitted at the end of 2022 that he did not see what sanctions could be added. “This noose is tight enough,” he explained. The head of the European Council, Charles Michel, agreed, noting that the bans already in place will do the job, it just has to wait. Therefore, the tenth EU package is mainly dedicated to tightening the supervision of the implementation of previous decisions.
Second life
However, the Americans blacklisted several companies linked to Rosatom, including the one responsible for foreign projects, the Kovrov Mechanical Plant and Tochmash, which produces centrifuges for uranium enrichment.
In addition, Bloomberg reported that the G-7 countries (France, USA, Great Britain, Germany, Japan, Italy and Canada) are considering the possibility of a complete embargo on exports to Russia. It is assumed that an exception will be made only for medicines and food. Last year, exports halved to $66 billion. But thanks to parallel imports, according to the Russian Central Bank, supplies fell by only eight. Now they want to end it.
The issue will be discussed at the G-7 meeting in Hiroshima from May 19 to 21. Officials have so far declined to comment. But the Kyodo news agency has already reported that Tokyo will refuse to sell used cars, tires, cosmetics and clothing to Russia. This will cause serious problems for Japanese entrepreneurs.
A new world
The attempts of the collective West to achieve strict implementation of the imposed economic bans represent a serious danger for Russia, experts believe.
“The West threatens those countries that expand cooperation with us. These are China and India, which actively buy Russian oil. Turkey, which seeks to become a new gas hub for Europe, as well as many others, increasing the supply of a wide variety of products.” , says analyst Sergey Ramaninov.
And there are some results. Thus, Kazakhstan limited the export of cars from the world’s leading concerns, banks in the UAE closed accounts for Russians.
Vladimir Kovalov’s analyst considers the total embargo to be extremely complex and contradictory because it does not meet the economic interests of the G-7 countries and the European Union. The damage they do to themselves can be excessive.
“Many politicians point out, not without reason, that the tightening of export conditions will contribute to a more diverse interaction between Russia and China, India, Iran and other countries, and this is politically and economically disadvantageous for the USA and the EU,” Kovalev believes.
The extensive expansion of anti-Russian sanctions will lead to a conflict between the political and economic interests of Moscow’s opponents, experts are confident. Therefore, it is more profitable for the West to work on depriving Russia and its partners of detours. However, this is almost impossible to do.
Translation: V. Sergeev
Subscribe to our YouTube channel:
and for the channel or in Telegram:
#potential #exhausted #Sanctions #Russia #ended
