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Anti-Russian sanctions

US sanctions will compel Russia to ditch American products, business deals, expert warns

On April 6, the US authorities imposed sanctions against a number of Russian officials, businessmen and companies

© AP Photo/Charlie Neibergall

KRASNOYARSK, April 13. /TASS/. Russia will probably be obliged to favor non-US products and reject deals with American businesses, Deputy CEO of Vnesheconombank Andrei Klepach told TASS on Friday on the sidelines of the Krasnoyarsk Economic Forum.

Read also

Russian legislators draft tit-for-tat sanctions on US alcohol, tobacco and agro-products

"For now, it is hard to weigh the economic sanctions against the damage sustained by our companies. Nevertheless, clearly certain measures should likely be taken to foster purchases of non-US products, while choosing to avoid dealing with US business in favor of others," the expert said.

Speaker of the State Duma Vyacheslav Volodin and leaders of all parliament fractions introduced a draft law to the lower house of the Russian parliament on retaliatory measures against the hostile policies of the US and other countries. This step followed the expansion of US sanctions against Russia, which sent Russian markets plummeting and weakened the ruble.

Vnesheconombank vowed not to revise its macroeconomic outlook against the new wave of US sanctions.

On April 6, the US authorities imposed sanctions against a number of Russian officials, businessmen and companies. The list includes Gazprom CEO Alexei Miller, VTB CEO Andrei Kostin, Renova owner Viktor Vekselberg, General Director of Surgutneftegaz Vladimir Bogdanov, Sibur board member Kirill Shamalov, businessmen Igor Rotenberg, Oleg Deripaska and Suleiman Kerimov.

Sanctions were also slapped on Russia’s Agro-Holding Kuban, EuroSibEnergo, Rusal, Russian Machines, GAZ Group, B-Finance, Basic Element, En+, Renova, Ladoga Management, Russian Financial Corporation, NPV Engineering and Gazprom Bureniye.

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Sanctions vs. Russia

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Russian military base may appear in CAR’s eastern region — President Touadera

According to the president, this step will help strengthen his country’s defense potential and contribute to bolstering the national armed forces’ capabilities

West wants to make Transnistria hotbed of tension — Lavrov

According to the top Russian diplomat, the leaders who rule countries where they claim to be from while holding foreign passports "will not enjoy support and authority for long"

Ukrainian POW exposes poor battlefield performance of NATO-supplied Javelins, NLAWs

He also revealed that some weapon batches contained anti-armor systems whose service life had expired

Swiss parliament votes against joining task force on frozen Russian assets

The group contains US finance and justice ministers, representatives of Australia, the UK, Germany, Italy, Canada, France, Japan, as well as the European Commission

Sites for practicing ways to counter drones to be set up at all Russian testing grounds

Defense Minister Sergey Shoigu has visited a testing ground in the Moscow Military District where new models of small arms developed with the participation of snipers who carried out missions in the special military operation zone were presented

US 'not forgetting' to help itself with aid to Ukraine — Kremlin

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Russia knows French military instructors working in Ukraine — Lavrov

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Two pilots of jet that crashed in southern Russia hospitalized

The plane crashed in a field in the Krasnogvardeysky district of southern Russia’s Stavropol Region

Switzerland does not suit Russia for negotiations on Ukraine — Lavrov

The Foreign Minister pointed to the fact that Switzerland is on board with all Western sanctions

Press review: Biden backs aid to Israel, Ukraine and Russia assets giving West legal fits

Top stories from the Russian press on Friday, April 19th

North Korean leader arrives at public event in Aurus luxury car gifted by Putin

On April 10, the vehicle was also spotted when the North Korean leader visited Kim Jong Il Military and Political Academy

Drones downed over Isfahan cause no damage, says Iranian foreign minister

It is reported that several drones had been intercepted by the national air defense forces over Isfahan

Russia has significant amount of West’s funds in case of confiscation of its assets

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Putin signs law on holding World Friendship Games

Funding will be provided from the federal, regional and local budgets, as well as taxes from gambling transferred to the organizer

Moscow International Film Festival kicks off

MIFF President Nikita Mikhalkov, a celebrated Russian film director, declared the festival open, praising the bravery of foreign cultural figures who are visiting Russia at this time

Ukrainian trace obvious in Crocus City Hall attack — Russian prosecutor general

The law enforcement employees exert efforts to identify the instigators of this crime, Igor Krasnov said

Proposals on Russian assets confiscation undermine financial system — Finance Minister

Russia urges the International Monetary Fund to resume the effort of improving the global monetary and financial system, Anton Siluanov noted

Water level of Ishim River in Russia’s Tyumen Region surpasses dangerous mark

It has reached 911 centimeters

Lavrov labels way West ramping up sanctions against Russia as mindless

According to the foreign minister, Russia has decided not to depend on the West in all spheres, including those in which it can limit the country's development

About 30 events in 26 countries to be held as part of Russian Film Festival — minister

The geography of work in the culture sphere was wider before but "all the horizontal ties are kept," Olga Lyubimova noted

FACTBOX: Collective Security Treaty Organization

The Collective Security Treaty came into force on April 20, 1994 to herald the emergence what would eventually become the Collective Security Treaty Organization. The six member-countries are Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan

Russian industrial producers’ prices up 2.4% in March — statistics

In chemicals production, prices edged up by 26.8% for ethers, organic peroxides, epoxides, acetals and semiacetals and their derivatives

Grossi ignores ‘elephant in the room’ in Zaporozhye nuke plant situation — Russian envoy

Dmitry Polyansky noted that the IAEA chief is being very cautious about the issue of attacks on the nuclear facility