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IPFS News Link • Sanctions

Anti-Russia Sanctions Don't Reflect Global Reality - Putin

• LewRockwell.com - RT News

The West's decision to sanction Russia over the Ukraine conflict was made for the sake of opportunistic political interests which do not reflect global realities, Russian President Vladimir Putin said on Monday.

Addressing a virtual meeting on Russia's metals industry, the president noted that the sector continues to face challenges in light of the Western sanctions. He highlighted the problem of limited access to international markets and the ban on buying foreign equipment for the production of fittings, rolled metals and steel sheets in Russia.

"As I have already said, these decisions were made by Western countries for the sake of political interests, moreover, current, opportunistic ones and not reflecting the realities either in world politics, nor in the world economy," he claimed.

Vladimir Putin argued that the Western sanctions failed to take into account "obvious consequences", such as the rising cost of building materials on the international market, and the spurring of global inflation.


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