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New US sanctions against Russia to affect global trade — lawmaker

The US Department of State said earlier Washington was imposing new sanctions on Moscow over its alleged involvement in the Skripal poisoning

MOSCOW, August 9. /TASS/. The new US sanctions against Russia will seriously hurt international trade and fail to achieve the goals of the Washington administration, Chairman of the State Duma Committee on Financial Markets Anatoly Aksakov said in an interview with the Rossiya 24 TV channel.

The State Duma is the lower house of the Russian parliament.

According to him, the sanctions announced by the US will on the contrary play "against the goals of the American establishment."

"It will lead to consolidation of the Russian society, even bigger import substitution and relying on own resources," Aksakov said.

"Actually, the goal [of the US] won’t be achieved, but a huge damage to international trade and relations and, of course ,relations with our country will certainly be done," the lawmaker said about possible consequences if the new restrictions come into effect.

The Washington administration earlier said it was imposing sanctions on Russia as of August 22 over Moscow’s alleged involvement in the poisoning of former Russian intelligence officer Sergei Skripal and his daughter Yulia in British Salisbury, on March 4. According to the US Department of State, the US authorities are going to decide on unveiling the second package of sanctions against Moscow in 90 days’ time depending on whether it fulfills a number of conditions. Russia has repeatedly refuted allegations concerning its involvement in the case.