Kudrin told about the risks to Russia from new sanctions of the USA
The new US sanctions, which put Russia on a par with North Korea and Iran, are reputational risks. This was stated by the head of the Center for strategic initiatives, former Finance Minister Alexei Kudrin at the Fair financial and exchange services Finfair on Saturday, September 30, reports TASS.
“Of course, it is unpleasant to stand next to North Korea and Iran in this list. This creates a new reputational risks for Russia. In its openness to Russia is difficult to compare with these countries,” said Kudrin.
Previously, on 30 September it was reported that restrictions on funding of Russian banks and companies in the oil and gas sector under the new us law on sanctions enters into force on 28 November.
The President of the United States Donald trump signed the law on new sanctions against Russia on 2 August. It provides, inter alia, reducing to two weeks the maximum period of funding of banks, which are under sanctions, and up to 60 days for oil and gas companies.
U.S. Secretary of state Tillerson Rex was commissioned to oversee restrictions on Russia.