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Saturday, October 22, 2016

The miracle did not happen: EU will continue sanctions against Russia by six months

At the meeting of the permanent representatives of the EU 28 countries on Tuesday, June 21, has reached agreement in principle on the extension of economic sanctions against Russia for another six months.

photo: morguefile.com

According to news agencies citing sources in the European Union, the decision on the extension of sanctions was adopted unanimously. It must now be approved by the Council of the EU, which could take place on June 24. This set to extend the sanctions will be valid until the end of January 2017

The West insists that the sanctions can be lifted only in case of fulfillment by Russia of the Minsk agreements on the conflict in Eastern Ukraine.

– It was completely predictable decision – says “MK” the Deputy Director of the Center for political technologies, Alexei MAKARKIN. No serious signs of lifting sanctions was not observed. There were doubts from several European countries, but these doubts were expressed with extreme caution.

– It is necessary to assume that in Moscow the big surprise in this regard the decision of the ambassadors to the EU to extend the sanctions have not experienced?

– In Moscow, a realistic assessment of the situation. In fact, in Russia there are two groups in relation to sanctions. One said: “long live Russia!” It’s mostly people associated with the agrarian-industrial complex who are happy with the absence of our stores in Western cheese and what in fact is a protectionist policy. Because if they cancelled the European sanctions, we have to cancel our antisanktsii. Accordingly, it will be a blow to their resources and profits. On the other hand, there are players who are more integrated in international financial relations is our major exporters, the fuel and energy complex, which would like to be friends with Western companies, our major financial institutions for which sanctions really unpleasant. And although no one expected that the sanctions would be lifted, they hope their erosion. For this act and many Europeans – Italians, Slovaks and others. For example, to cancel or reduce in the end of this year some of the sanctions if there is progress on the Minsk agreement. It is very difficult to say how this is possible – it is necessary that the terms of these agreements at least partially implemented. It is unclear who first should begin to yield to Russia or Ukraine. For this reason in Russia there is no consensus about whether to give in or try to hold on maybe a miracle will happen? Trump in November, for example, will win – then begin to live! I think that by the end of the year, will try to erode the sanctions triim, but its success is not guaranteed. And much will depend on what will be the next U.S. administration.

Sanctions . Chronicle of events

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