Analyst: punishment contribute to the rapprochement of the Russian Federation with China, India and Iran
Sergey Karimov. Financial penalties imposed by the EU and the US towards Russia, provoke Moscow on the development of alternative financial markets, as well as among them, Beijing, new Delhi and Tehran, says the Spanish specialist in the field of European law Jose Maria Finals.
" What do the EU and the US, provokes the Russian Federation to the creation of a parallel market for payment together with its allies, such as China, India and Iran. These associations will compete with the traditional markets of payment in the hands of Europeans and North Americans, " said the expert.
The U.S. and EU on the last working day of the week announced increased penalties against financial, defense and energy sectors of Russia's economy, accusing Moscow of interfering in Ukraine. Russia denies These charges, penalties calls unconstructive and makes a promise that they will not remain without a response.
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