All news

Sanctions issue to become particularly acute closer to G20 summit - Siluanov

The meeting of Group of Twenty will be held in Osaka on June 28-29, 2019

MOSCOW, April 21. /TASS/. Russia’s Finance Minister Anton Siluanov expects the sanctions issue to become particularly acute closer to the top-level meeting of G20 countries since the restrictions have turned into elements of political leverage.

"As of today sanctions have turned into one of such elements of (political) leverage… No political agreements or decisions are required - just get sanctions as a whip in case you do not follow the ideas of taking political and economic decisions. That is why the issue of those economic decisions, protectionism is obviously on the agenda today (at the spring session of the IMF and the World Bank in Washington) and the issue will obviously be particularly acute closer to the summit of G20 leaders," he said in an interview aired by the Rossiya-24 TV news channel on Saturday.

The meeting of Group of Twenty (G20) will be held in Japan’s Osaka on June 28-29, 2019.

On April 6, the United States slapped sanctions against 38 Russian individuals and legal entities, including Russia’s biggest arms trader Rosobornexport, Russian Financial Corporation and Rusal aluminium giant. The US blacklisted Gazprom CEO Alexei Miller, VTB CEO Andrei Kostin, owner of Renova Group Viktor Vekselberg, Director General of Surgutneftegaz Vladimir Bogdanov, member of Sibur’s board of directors Kirill Shamalov, businessmen Igor Rotenberg, Oleg Deripaska and Suleiman Kerimov.