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EU, US will not make joint decision on lifting Russia sanctions — expert

January 22, 2015, 17:29 UTC+3 DAVOS
"The overall position is that the decision to ease or fully abolish sanctions will be taken much later in the United States than in Europe," president of Business Russia association Alexey Repik said
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© AP Photo/Jacquelyn Martin

DAVOS, January 22. /TASS/. The EU and US will not take a consolidated decision on lifting sanctions against Russia, the president of Delovaya Rossiya (Business Russia) business association, Alexey Repik, told TASS on Thursday.

He said that there was a serious discussion at the Davos economic forum whether the sanctions would be lifted by European and US partners simultaneously or separately. Foreign investors concluded that the US could decide on abolishing sanctions against Russia later than Europe, Repik added.

Repik said that European businessmen spoke about the possibility of interacting with Russian partners without sanctions.

"The overall position is that the decision to ease or fully abolish sanctions will be taken much later in the United States than in Europe by virtue of political landscape and decisions pegging to electoral cycle. The US business is also much less involved in mutually beneficial trading and investment relations with Russia,” Repik said.

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