A Raiffeisen Bank JSC in Moscow. The economy ministry said Russia had lived with sanctions for a long time and said it would be stepping up trade and economic ties with Asia to counter the threat emanating from the West. | BLOOMBERG

Kremlin says sanctions will cause Moscow problems but they can be solved


Moscow– The Kremlin said on Friday that Western sanctions imposed on Russia for its intrusion of Ukraine would cause issues for Moscow, however not overwhelming ones, with Russia set to broaden its trade and financial ties with Asian countries.Missiles pounded the Ukrainian capital on Friday as Russian forces pressed their advance and Ukrainian President Volodymyr Zelenskyy pleaded with the worldwide neighborhood to do more, saying sanctions revealed so far were not enough.Kremlin spokesperson Dmitry Peskov decreased to comment on possible punitive measures against President Vladimir Putin himself.He stated that Russia had actually deliberately minimized its reliance on foreign imports to secure itself against sanctions.” The economy ministry stated Russia had actually lived with sanctions for a long time and stated it would be stepping up trade and financial ties with Asia to counter the risk emanating from the West.” We comprehend that the sanctions pressure we have faced given that 2014 will now heighten,” the ministry stated, referring to measures enforced after Russia annexed Crimea from Ukraine.

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Moscow– The Kremlin stated on Friday that Western sanctions imposed on Russia for its intrusion of Ukraine would cause issues for Moscow, but not insurmountable ones, with Russia set to expand its trade and financial ties with Asian countries.Missiles pounded the Ukrainian capital on Friday as Russian forces pushed their advance and Ukrainian President Volodymyr Zelenskyy pleaded with the international neighborhood to do more, saying sanctions announced so far were not enough.Kremlin spokesperson Dmitry Peskov decreased to comment on possible punitive procedures against President Vladimir Putin himself.He said that Russia had intentionally decreased its reliance on foreign imports to secure itself versus sanctions.” The economy ministry stated Russia had lived with sanctions for a long time and stated it would be stepping up trade and financial ties with Asia to counter the hazard emanating from the West.” We comprehend that the sanctions pressure we have faced considering that 2014 will now heighten,” the ministry said, referring to measures imposed after Russia annexed Crimea from Ukraine.

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