Russia cuts oil output by 200,000 barrels a dayBusiness & Economy March 30, 8:09
Russian historical epic Viking to be released in Italy, UKSociety & Culture March 30, 2:11
Putin visits ice cave during Arctic tourSociety & Culture March 30, 0:02
Moscow slams West’s reaction to Russian protests as part of long-planned campaignRussian Politics & Diplomacy March 29, 23:56
Putin orders Defense Ministry and FSB to ensure protection of Russia’s interests in ArcticMilitary & Defense March 29, 21:46
Kiev aware of few chances to win in debt lawsuit case — envoyBusiness & Economy March 29, 20:52
Russian top diplomat dismisses claims about human rights violations in Crimea as liesRussian Politics & Diplomacy March 29, 20:23
Moscow suspects Jabhat al-Nusra could be used to topple AssadRussian Politics & Diplomacy March 29, 19:58
Lavrov reiterates there are no facts substantiating Iran’s links to terroristsRussian Politics & Diplomacy March 29, 19:40
ROSTOV-ON-DON, March 11. /ITAR-TASS/. Russia will shape its economic policy in such a way as to minimize its dependence on possible political risks, Russian Deputy Prime Minister Arkady Dvorkovich said on Tuesday.
Asked whether the Russian government had analyzed the likely impact of Western sanctions against Russia over Ukraine, Dvorkovich said, “We are constantly performing this analysis considering that fluctuations in the world economy have a much greater influence on Russia than any sanctions.”
He noted also that sanctions “cut both ways and have a negative impact on both sides”.
“Therefore, we consider any proposals for sanctions as a huge risk for those who initiate them,” Dvorkovich said, adding that the Russian government would anyway “pursue its economic policy in such a way as to minimize the dependence on political risks”.
“I suppose that the policy of the recent years lets us hope for good results,” he said. “We are working with all partners - both with Europe and American as well as with the Asia-Pacific region. Such diversification of our cooperation suggests sustainable development of our economy," Dvorkovich concluded.