Western Sanctions to Boost Russian Industry Development: Kremlin Administration Head

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Western sanctions could spur the development of Russian industry and the cooperation of Moscow with other nations, the head of the Kremlin administration Sergei Ivanov said in an interview published Sunday.


"In the defense [industry], and in other industries, the imposed sanctions could be a powerful incentive for our industries to take more active part in their own development, as well as in cooperation with the countries, which have not previously seen this cooperation," Ivanov said in an interview to Rossiyskaya Gazeta newspaper.
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Western Sanctions Signal ‘New Cold War’ Against Russia, Disregard WTO - Lawmaker

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Announcing sanctions against Russia, the West has in fact declared a new Cold War on Moscow, while the US has ignored the WTO rules by protecting its economy and dealing a blow to Russian and European companies, a deputy speaker of Russia’s lower house of parliament said Thursday.

“To a large extent, a “Cold War” has been declared which is today expressed by devising sanctions,” Sergei Neverov told Rossiya-24 TV channel.

The Russian lawmaker also accused Washington of provoking unfair competition.

“Today, the United States and to a large extent, Europe, have neglected the World Trade Organization decisions and the WTO itself by introducing such steps and therefore protecting certain sectors of the US economy,” the lawmaker said.

“On the other hand, the US does not care about how Europe will suffer or the fact that many companies and European citizens will lose not less or even more than Russia,” Neverov said.