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US continues to pressure Russia by revoking its market economy status — Kremlin

It is reported that the sanctions cannot disrupt the Russian economy, but they do cause some volatility in the economy, especially the European one

MOSCOW, November 11. /TASS/. The decision of the United States to revoke Russia’s status of a market economy in its anti-dumping procedures is a direct continuation of its pressure on Moscow, Russian presidential spokesman Dmitry Peskov said on Friday.

"There is only one way to look at this. It appears to me that this is the continuation of actions to put pressure on Russia in all available aspects, including economic pressure, various sanctions, and so on," he said.

"At the same time, we see a growing understanding, to a lesser extent in the US and to a greater extent in Europe, that these sanctions cannot disrupt the Russian economy, but they do cause some volatility in the economy, especially the European one," Peskov stressed.

When asked if Moscow is concerned that Russia's international trade partners may follow the lead of the United States, the Kremlin spokesman said, "There are partners who are interested in growth [of trade cooperation with Russia] since it offers a good amount of benefits to their national economy." "There is no vacuum," Peskov stressed.

The United States said on Thursday that it no longer considers Russia to be a market economy country and withdrew Russia's status, which limited the use of tariffs on Russian exports.

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