On Thursday, the US Chamber of Commerce and the National Association of Manufacturers prepared newspaper advertisements in the form of a joint statement, warning that potential sanctions on Russian energy, defense and financial sectors might hurt US business and workers.
“Will this appeal work? I think yes,” Russian Deputy Minister of Economic Development Sergey Belyakov told journalists on Friday on the sidelines of an international investment conference in Moscow. He said the statement was addressed not only to the White House but also to the governments of all countries considering sanctions “an effective instrument to discuss foreign policy issues”.
“I don’t know whether national governments will listen to the voice of the business community, which forms the economy of these countries,” Belyakov said. “But I wish them to listen.”
The minister recalled that US business representatives had sounded warnings for months in private discussions with the White House and the US State Department.
“Unfortunately, their position has not been heard then, as far as I can judge,” Belyakov said, adding that this probably made the country’s two largest business associations publish the statement.