Showing posts with label PM Medvedev. Show all posts
Showing posts with label PM Medvedev. Show all posts

Tuesday, April 22, 2014

Russia will turn to other markets to minimize impact of any EU economic sanctions - PM Medvedev



If Europe approves economic sanctions, Russia can minimize the damage by turning to other markets, Prime Minister Dmitry Medvedev said. "The European Union is our most important market today. I will repeat, we will not initiate a reduction in economic ties. That isn't in our interests. We have trade with them totaling $400 billion," Medvedev said in a report to the State Duma on Tuesday.

However, if Russia's Western partners commit such an error, "intensive work on other markets will allow us to minimize the damage," he said.

ST

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