Russia says EU’s new sanctions to generate more issues for Europe
Russia says the European Union’s latest round of sanctions against Moscow will just exacerbate economic woes within the bloc.
EU leaders agreed on Thursday to impose fresh sanctions on Russia.
The latest measures, which blacklist nearly 200 more people and bar investment in Russia's mining industry, are part of the ninth wave of sanctions slapped on Russia since President Vladimir Putin ordered the launch of a “special military operation” in Ukraine on February 24.
Russian Foreign Ministry spokesman Maria Zakharova reacted to the measures on Saturday. She said the “current ‘package’ will have the same effect as all the previous ones - exacerbation of socio-economic problems in the European Union itself.”
Zakharova also called on the EU to cancel all restrictions that are having a direct or indirect impact on Russian exports of grains and fertilizers.
President Putin said on Thursday the Kremlin would expand trade cooperation with new partners, including by sharply ramping up gas exports to China.
Back in November, President Xi Jinping of China reassured he is willing to build a closer partnership with Russia in the energy sector.
Citing an Indian Oil Ministry source, Reuters reported earlier this month that New Delhi will continue buying Russian oil and even look for term contracts as sanctions allow purchases provided that Western services are not used.
China and India are currently the largest single buyers of Russian crude oil.
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