Dmitry Medvedev urged not to frighten Russia with “hellish sanctions” Western countries promise to introduce “unprecedented sanctions” against Russia in case of its invasion of Ukraine. Dmitry Medvedev believes that those who threaten sanctions do not themselves believe in the effectiveness of their statements
Even those who threaten Russia with sanctions do not believe that this threat will work, Deputy Chairman of the Security Council Dmitry Medvedev said in an interview with Russian media.
we will say this in order to perform this ritual dance. And they regularly perform it,— Medvedev explained (quote from RIA Novosti). He urged not to frighten Russia with “hellish sanctions.”
“There can always be problems, but these problems can be definitely solved,” — emphasized the Deputy Chairman of the Security Council of Russia.
Commenting on the possibility of a ban on the conversion of the ruble, Medvedev said that in the event of restrictions on transactions in dollars and euros, Russia will switch to Chinese yuan. “The absence of dollar payments can be replaced by payments in euros. If there are decisions on the euro, there is the yuan. <…> I don’t know who will lose more from this,»— he said. Medvedev recalled that Russia is already pursuing a course towards a more balanced currency basket and, if necessary, can “make certain redistribution within this basket.”
Earlier that the threat of sanctions from The West does not belong “to the category of real politics,” said Deputy Foreign Minister Alexander Grushko.
The United States and other states warn Russia of “unprecedented sanctions” in the event of its invasion of Ukraine. Moscow has repeatedly stated that it is not planning an attack.
On January 25, a US administration spokesman said at a briefing that the country was preparing sanctions measures against Russia in the event of an escalation of the conflict in Ukraine. The package will include export and financial restrictions, with implications for Moscow that are broader than those considered after Russia's annexation of Crimea in 2014. According to Reuters, Washington expects European partners to join the sanctions.
British Prime Minister Boris Johnson on the same day said that the countries of the West “in unison” respond to Russia's attack on Ukraine and the sanctions in this case will be tougher than all previously introduced.
The Bild newspaper wrote that the damage from new restrictions could amount to more than $50 billion. According to publications, the West plans to block the supply of raw materials from Russia, limit the work of embassies and reduce the supply of Russian weapons. During the visit of US Secretary of State Anthony Blinken and CIA Director William Burns to Berlin, the German side assured that in the event of a Russian invasion, it would not allow the launch of Nord Stream 2, Bild reported.
In the United States, senators from the Democratic and Republican parties have introduced bills on measures against Russia. Both the Democrats' draft and the Republican Marco Rubio's document include personal sanctions against Russian President Vladimir Putin. On Wednesday, January 26, a CBS correspondent, citing sources, said that the authorities had abandoned sanctions against Putin because it would make it difficult for Western colleagues to negotiate with him.
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