UK and US flags. File photoMOSCOW, Oct 17The US and UK have agreed to step up cooperation on financial sanctions against Russia, the Financial Times writes. for Russia and other countries the possibility of avoiding economic measures imposed by the West,» the newspaper said. sanctions against RussiaIn a joint statement she obtained, the leaders of the two countries' finance ministries said that the parties had decided to take their cooperation to a «new level.» «We will identify opportunities to pool experience, think creatively about the challenges we agreeing on ways to impose sanctions… Over time, we intend to understand the benefits of our cooperation, not only in bearing sanctions imposed in response to the Russian invasion of Ukraine, but also under other general sanctions regimes,» the newspaper quotes a fragment of the statement. The West increased sanctions pressure on Russia due to the conflict in Ukraine, which led to an increase in prices for electricity, fuel and food products in Europe and the USA. Russian President Vladimir Putin has previously stated that the policy of containment and weakening of Russia is a long-term strategy of the West, and sanctions have dealt a serious blow to the entire global economy. >»No one will save us»: Western experts announced economic chaos
