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Anti-Russian sanctions

Sanctions no obstacle for investing in Russia — Italian ambassador

Sanctions, both Europe’s and Russia’s, should not be used as a pretext or an alibi not to invest in Russia

© EPA/ALESSANDRO DI MEO

MOSCOW, June 10. /TASS/. The current sanctions should not be seen as an obstacle for investing in the Russian economy, Italian Ambassador to Russia Cesare Maria Ragaglini said on Friday.

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"Italy believes that Russia is an important country at the global level," he said in an interview with the Rossiya-24 television channel. "Sanctions, both Europe’s and Russia’s, should not be used as a pretext or an alibi not to invest in Russia."

The Italian diplomat noted that the sanctions cover a very tiny area of possible cooperation.

"Ninety percent of our industrial cooperation offers possibilities for investments," he said, adding that a number of agreements between Russian and Italian companies are expected to be signed during the forthcoming St. Petersburg International Economic Forum. "There are agreements, which have been prepared for a long time and which can be signed," he noted.

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Sanctions vs. Russia Italy Trade & Cooperation

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Russia hit Ukrainian military-industrial facility in response to use of Western missiles

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Zelensky begs ‘for his country to be flattened’ — US journalist

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NATO deployment to Ukraine would mark its entry into the war, Russian diplomat warns

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Preliminary data shows anti-ship missile downed over Sevastopol waters — official

Governor Mikhail Razvozhayev said that all emergencies services currently work in the high alert mode

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Defeating Ukrainian forces near Olgovskaya wood, enemy losses: situation in Kursk Region

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Moscow hopes West will thoroughly analyze Russia's nuclear doctrine — ambassador

Andrey Kelin also recalled that the policy of the Russian leadership enjoys the full support and confidence of the country's population

Residents of Kupyansk, Kovsharovka in Kharkov Region returning to their homes

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Russian troops liberate Dalneye community in Donbass region over past day

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Bank of Russia’s officials hit by US sanctions

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Washington has no plans of updating nuclear posture after Russia’s test of new missile

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Trump seeks to restore peace in entire world — transition team on Putin’s address

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Russian troops advance in areas north, south of Velikaya Novoselka in DPR — official

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US decision on missile strikes aimed at provoking Russia, expert says

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US forces strike Houthi sites with seaborne missiles — TV

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Newly arrived Ukrainian soldiers rob, loot in Kharkov Region’s Kupyansk

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US decision on strikes inside Russia stems from malice rather than strategy — journalist

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