South Korea expects North to hold new nuclear test by end of MarchWorld March 24, 7:20
Russian-US experiment to simulate outer space mission named SIRIUSScience & Space March 24, 6:20
ZA Sport becomes Russia’s official Olympic kit brandSport March 24, 4:28
Police searching for another suspect in Russia’s ex-MP murder in KievWorld March 24, 2:45
Fourth victim of London attack dies in hospital — policeWorld March 24, 2:42
Ammo depot fire in Ukraine no threat to EU gas transit — companyWorld March 24, 2:40
Putin pleased with acting at Moscow's Maly drama theaterSociety & Culture March 23, 23:35
Former Russian MP killed in Kiev, killer dies in hospitalWorld March 23, 23:32
Russian philanthropists get highest French award for thier art donationSociety & Culture March 23, 23:26
“The sanctions being imposed by the EU and America on Russia will not deter the Russian government from involvement in Ukraine,” the letter says. “Indeed, the sanctions will be blamed by the Russian government for poor economic performance and be used to justify its strong anti-Western stance.”
“Through trade and contact, a trust develops leading to reliance and openness between countries. There is no better basis for establishing a better understanding between Russia and the West,” the letter stresses.
Chairman, The Russia House; David Gardner, DG Leadership; Michael Lightfoot, Managing Director, Classical Brands; Timothy Jelley, Founder, Export Explorer; John Metcalfe, Director, RFIB Group; and John Bonar, Focus on Russia.
The new spiral of sanctions against Russia followed the crash of a Malaysian passenger airliner in Ukraine’s eastern Donetsk region near the border with Russia. The sanctions have sent Russia-bound exports going down. A number of companies have suspended operations with Russian clients.
The latest sanctions target the oil, defence and high technology sectors, and dual-use products. European business leaders are wary of Europe’s curtailing cooperation with Russia in other sectors if relations with it further deteriorate.