All news

Moscow conducts no dialogue with Washington on terms of lifting sanctions — diplomat

According to Russian Deputy Foreign Minister Sergey Ryabkov, "the global economy is hooked on US dollar transactions"

MOSCOW, February 8. /TASS/. We need to use the sanctions pressure on Russia to find ways to reduce the dependence of the entire global system on the US dollar, Russian Deputy Foreign Minister Sergey Ryabkov has told TASS.

"We conduct no dialogue on the parameters of lifting the sanctions, there is no subject for dialogue here," he said. "Firstly, the sanctions imposed by the European Union and the United States, to be more precise, by the European Union at the instigation of the United States, as it is America that is the idea generator, run counter to the fundamentals of the international legal system, they are illegitimate, and, secondly, we reject and do not accept the logic behind the sanctions policy."

"I proceed from the premise that the US sanctions will be in effect for a long time," Ryabkov went on to say. "We need to use the sanctions pressure on Russia to find ways to reduce the dependence of some sectors of our economy on the US financial and settlement system. We need to use this period of time to find ways to reduce dependence of the entire global system on the US dollar."

According to Ryabkov, "the global economy is hooked on US dollar transactions." "At a whim of people ten thousand kilometers away who do not like something, problems no one expects can be created that seemed impossible to those who believed in the talk about freedom of enterprise and inviolability of private property, that is, all those conversations American ideologists have been engaged in for years," he said.