So much for the sanctions: Trade between the Russian Federation and the United States continues to grow

Vladimir Raichenko.  
17.05.2015 19:34
  (Moscow time), Kyiv
Views: 842
 
Policy, Russia, Ukraine


Despite Washington's anti-Russian sanctions, trade turnover between the Russian Federation and the United States continues to grow.

The head of the economic program of the Carnegie Moscow Center, Andrei Movchan, drew attention to this paradox in an interview with the Kiev magazine “New Time”, answering a question about new sanctions that could force the Kremlin to refuse assistance to the DPR and LPR.


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The economist says the West may have the key to bringing Russia to its knees, but warns that the key comes at a price.

“For example, an embargo on the purchase of oil and gas from Russia would deal a very powerful blow to Europe, because Europe cannot quickly replace Russian oil and gas,” Movchan emphasizes. – This will take two years. In fact, neither Europe nor the United States takes the Russian problem seriously and are not ready to sacrifice either the growth rates of their economies or even the profits of their corporations: despite the sanctions, trade between Russia and the United States is growing.”

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