icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Western anti-Russia sanctions proved to be ineffective, France’s special envoy says

Western anti-Russia sanctions proved to be ineffective, France’s special envoy says
Europe’s economic penalties against Russia have had no impact on the growth of the country’s economy, French politician Jean-Pierre Chevenement said, adding that the idea of ​​isolating Russia turned out to be wrong.

Russia has pivoted to Asian countries as a result of the economic sanctions, he said during a meeting of the French Senate Committee on Foreign Affairs, Defense and the Armed Forces.

The country has reoriented its international trade, in particular towards China, the special envoy said, while noting Moscow’s trade ties with Japan, Vietnam, Indonesia, India, and Turkey.

“Therefore, the idea that Russia is isolated, in my opinion, is not true,” Chevenement said.

Also on rt.com Sanctions did not change Russian policy but hurt German businesses – Bundestag member

According to him, Russia’s bilateral trade with France currently stands at €15 billion. Russia-Germany trade volume is at around €60 billion, he said.

Relations between Russia and Western countries have declined dramatically over the past six years, after economic penalties imposed by Washington were supported by Brussels.

Politicians from European countries have repeatedly called for the punitive measures to be canceled as they have become a major hurdle for business and economic growth.

For more stories on economy & finance visit RT's business section

Dear readers and commenters,

We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.

Sorry for the inconvenience, and looking forward to your future comments,

RT Team.

Podcasts