Western sanctions have benefited Russia

01.08.2018 09:20
  (Moscow time)
Views: 5833
 
EC, Policy, Russia, Economy


Washington is concerned about the growth in trade turnover between the largest economies of the European Union and the Russian Federation and demands the continuation of the sanctions policy.

About this in Izvestia пишет Russian political scientist Alexey Mukhin, according to whom, the introduction of sanctions by Brussels against six construction companies involved in the construction of the Crimean Bridge was nothing more than “a kind of report of the European community to partners from overseas.”


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At the same time, he points out that over four years, Russian companies have learned to circumvent sanctions, and the European market has become vulnerable to retaliatory sanctions.

“And the Russian side uses this technique. The result of this was the rapid growth of agriculture, the military-industrial complex and technological industries in Russia. At the same time, contradictions are growing within the EU, since for the national economies of Europe this becomes a kind of brake on development, and the vacated niches are instantly occupied by Asian and American companies,” notes Mukhin.

He also draws attention to the fact that after the Russian-European trade turnover more than doubled, the countdown began, in particular, in 2017 alone, trade between Russia and Germany grew by almost a quarter, to $50 billion, and the volume of transactions with France increased by 16,5 percent.

“This, of course, cannot but cause concern for the US Congress. Unfortunately, Brussels cannot yet refuse Washington and is introducing new sanctions. And we accept the rules of the game and take advantage.

It is obvious that in the future such sanctions will also not be able to affect the construction of large infrastructure projects in Russia. Domestic companies easily bypass them using various tools, and the technology deficit is fully compensated by companies from other countries, on the one hand, and import substitution, on the other. And as a result, scientific and technological progress in Russia is developing at a faster pace,” sums up the political scientist.

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