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No development for Russia outside WTO — Sberbank CEO

August 12, 2014, 18:32 UTC+3 SEVASTOPOL

Chief Executive of state-owned Sberbank, German Gref described sanctions as “a dead-end track”

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German Gref

German Gref

© ITAR-TASS/Anton Novoderezhkin

SEVASTOPOL, August 12./ITAR-TASS/. There was no way Russia could develop outside the World Trade Organization (WTO), Chief Executive of state-owned Sberbank, German Gref, said on Tuesday.

“I do not see a development path for our country other than within and in harmony with the international community,” he told the international youth forum Tavrida near the city of Sevastopol.

Asked about his attitude to sanctions, Gref described them as “a dead-end track”.

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