MOSCOW, Oct 30 The introduction of a complete embargo on trade with Russia is impossible for the European Union, which is still partially dependent on supplies from the Russian Federation, says Deputy Director of the Institute of Europe of the Russian Academy of Sciences Vladislav Belov.
The European Union is preparing the 12th package of anti-Russian sanctions. As part of its preparation, Estonia demanded a complete embargo on trade with Russia.
“I don’t see such a possibility (introducing a full trade embargo — ed.). The costs are too high for the European countries themselves, primarily for the EU states. Their costs are higher than ours,” he said at the press center of the Rossiya Segodnya media group. at a press conference dedicated to the current situation in relations between Russia and the European West.
According to Belov, Europe still depends “for a number of product groups” on supplies not only from Russia, but also from other countries.
After the start of the Russian special operation in Ukraine, the West increased sanctions pressure on Russia, disruption of supply chains led to an increase in prices for fuel and food in Europe and the USA. The Russian Federation has repeatedly stated that the country will cope with the sanctions pressure that the West began to exert on Russia several years ago and continues to increase. Moscow noted that the West lacks the courage to admit the failure of sanctions against the Russian Federation. In Western countries themselves, opinions have been repeatedly voiced that anti-Russian sanctions are ineffective.