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Sanctions hit Russia and EU hardest — Chamber of Commerce and Industry President

July 29, 2015, 12:25 UTC+3 MOSCOW
The trade turnover between Russia and the European Union dropped by 37-37.5% in the first half of the year, Sergey Katyrin says
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© ITAR-TASS/Dmitry Burlakov

MOSCOW, July 29. /TASS/. Possible decline in the trade turnover between Russia and the European Union is a result of European Union introducing sanctions against Russia, the President of the Russian Chamber of Commerce and Industry Sergey Katyrin said in an interview with Vesti FM radio Wednesday.

"Sanctions hit both of us. The trade turnover is a good example. It generally declined in Russia, but if you look at Europe, which participated most actively in the implementation of sanctions, the trade turnover between Russia and the European Union dropped the most. It dropped by 37-37.5% in the first half of the year. Thus, sanctions hit both Europe and us," he said.

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