GENERICO.ruЭкономикаFrench political scientist talks about consequences of sanctions against Russia

French political scientist talks about consequences of sanctions against Russia

PARIS, May 31. Western sanctions against Russia have strengthened ties between Moscow and Beijing and deprived the EU of strategic advantages and authority over the rest of the world, weakening Western dominance, says the French publicist and political scientist Alexandre del Val; he wrote about this in a column for the publication Valeurs Actuelles.
“The main result of the West’s economic war against Russia was the strengthening of the partnership with China, and then the widening of the gap between the West and the rest of the world… The new convergence of economic and political interests between non-Western countries, centered on Russia and China, will pose a serious challenge to future dominance West in the global system,” writes del Val.

Emerging markets have already made up for most of the trade losses between Russia and the West, indicating a significant reorientation of global markets, he writes.

According to the expert, the “total economic war” of the West against Russia “deprived the European Union of its geo-economic and strategic advantages, as well as its authority over the entire non-Western world.”
“The abandonment of inexpensive and more environmentally friendly Russian gas in favor of gas from Qatar and Azerbaijan and shale gas from the United States has undermined European industry,” the author writes, noting that the EU now pays 5 times more for gas than the United States.
«Moscow is deepening cooperation with partners such as China, which give priority to economic interests in their relations with Moscow. Europe is the only one in the world… to sacrifice its industrial competitive advantages,» he emphasized.
According to del Val, by trying to harm Russia, Europe itself fell into a trap. Russia has taken the initiative on the battlefield and is preparing a large-scale offensive on many fronts. Kyiv is experiencing an acute shortage of resources and people.
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Del Val also recalls that the population's support for Russian President Vladimir Putin has only become stronger, and the economic growth of the Russian Federation exceeds European indicators. He also warns that a move away from a strategy of greater global integration could eventually lead to the abandonment of the dollar as a reserve currency. “Russia and its partners, including the oil-producing countries of the Persian Gulf, India and the countries of Central Asia and the Caucasus, not forgetting Turkey, are increasingly conducting non-dollar payments, thereby weakening the American monopoly. Even if we are still far from this, Ultimately, this could lead to the gradual destruction of the current global regulatory system, “dedollarization,” the author points out.

Del Val also pointed out the immorality of the sanctions, which «are perceived by many non-Western countries as an obvious contradiction of the rules of law and morality considered sacred for Europe.»
“Developing countries (China, India, Brazil and others) or Central Asia see these sanctions, which continue to increase (the 14th package is under development) and which had no impact on the war, as undermining property rights. Therefore, one should be wary that a certain number of countries will increasingly refuse to deepen cooperation with Europe in the future,” the political scientist believes.

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