Home / Economy / Sands argued for the integration of Russian economy into the global financial system

Sands argued for the integration of Russian economy into the global financial system

Песков выступил за интеграцию российской экономики в мировую финансовую систему

There needs to be more integration of Russian economy into the world economic and financial system, said a spokesman for the Russian President, Dmitry Peskov.

“We need to achieve greater integration of Russian economy into the world financial and economic system. Need to advocate for this, you need to make sure that the economy was competitive and participated in global competition. Only then we will be sure to stand on the feet” – Peskov said, answering the question whether the sovereignty of the Russian economy in the “Right to know” on the TV channel “TVC”, which will be released on Saturday, reports RIA “Novosti”.

Against Russia there are three packages of sanctions of the European Union. The first were imposed individual sanctions against citizens of Russia and Ukraine, which the EU considers responsible for undermining the territorial integrity of Ukraine, they extended 10 March to 15 September 2016. Sectoral restrictive measures against Russia – the so-called economic sanctions are valid until 31 July 2016, and sanctions against the Crimea – until 23 of June 2016.

U.S. sanctions against Russia were extended on March 3, a decision us President Barack Obama. A spokesman for the U.S. Embassy to Russia William Stevens said that the decision to extend the restrictive measures is a routine step.

The head of Russian foreign Minister Sergey Lavrov said that the EU is beginning to understand the futility of attempts Russophobes “call the tune”, but Brussels is still under strong pressure from Washington.

The Minister of economic development of Russia Alexei Ulyukayev said that business representatives and officials in the EU feel tired from the sanctions regime and want to find a way out of the situation.

Meanwhile, the Rosselkhoznadzor has opposed the EU’s attempts to achieve a resolution on the import to Russia of certain products.

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