RSPP: a new wave of sanctions of the West against Russia will not be the last
A new wave of sanctions of the West against Russia will Not be the last - they have the opportunity to take several years, for this reason, the Russian Authorities are obliged to refrain from initiatives that worsen the rules for doing business in their country, says the head of the RUIE, Alexander Shokhin.
U.S. authorities on Wednesday introduced a fresh penalties against a number of Russian companies and credit organizations, And among them, Gazprombank and Vnesheconombank, as Well As Rosneft and NOVATEK. They, for example, will be denied access to the US financial markets, And us Companies and private persons are prohibited to grant Companies loans for the period more than 90 days. The United States also have the opportunity to put pressure on any foreign organizations conducting business in the USA with the requirement to refuse the business included in the sanctions list of the Russian companies.
in addition, the penalties raised a number of plants in the defence industry, for example, UVZ, concern PVO " Almaz-Antey " and " Kalashnikov ". But EU leaders at a conference in Brussels on Wednesday recommended that the EBRD and EIB to stop for a while funding for new common with Russian projects.
" The prognosis is Not very favorable for the development of the sanctions lists, and the consequences for Russian economy. This is Not the last punishment, " said Shokhin Last news . In his vision, the punishment will Not stop even When normalize the situation in the East of Ukraine, as remains unresolved the issue of recognition of the Crimea is a part of the Russian Federation.
according to the comments of the head of the RUIE, the USA use punishment as a method of unfair competition, trying to oust the Russian Federation with the EU energy market. Shokhin said that wishes to initiate a meeting of the Presidium of the economic Council Under the President of the Russian Federation, to discuss the situation and to work out further steps.
businessmen do Not wish to ask for help from the government." We realize that the government and so hard, because the budget revenues will be reduced. Reduction of deliveries of " Gazprom " has already been observed, will be worse situation and in connection with Rosneft, NOVATEK. So, Clearly, the revenues from hydrocarbon exports will decline, " said Shokhin.
Only, I hope business is sustainability environments. According to him, the government ought to be careful about the initiatives of the Ministry of Finance on deofshorizatsii economy and increase of the tax burden. RSPP has to soften the requirements of the draft law on taxation of income of foreign organizations controlled by residents of the RF.
in addition, according to Shokhin, the Authorities are obliged to reject the proposals of the Ministry of Finance to increase the tax burden on business: tax on dividends, VAT and insurance contributions to the HIF." The only thing We can agree Is increased to 15% income tax, " said Shokhin. Thus he has noticed that the flat scale of personal income tax should be saved.
in terms of punishment requires revision and policy of the Bank of Russia, I am sure Shokhin." The companies would then be difficult to enter the markets, for this reason, the Central Bank is obliged to reflect on reduction of the key rate, " said he. We should not rush and with application of the standards of Basel III, says the head of the RUIE.
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