GENERICO.ruЭкономикаThe effectiveness of new US sanctions will be small, the State Duma said

The effectiveness of new US sanctions will be small, the State Duma said

MOSCOW, June 13 The effectiveness of new US sanctions will be small, Russia is already making payments with many countries in national currencies, this will continue, the first deputy head of the committee said State Duma for International Affairs Alexey Chepa.
The US Treasury on Wednesday announced the introduction of a new package of sanctions against Russia, including, in particular, the Moscow Exchange and the National Clearing Center (NCC). At the same time, the US Treasury Department's Office of Foreign Assets Control (OFAC) issued licenses to curtail operations with the Moscow Exchange, the National Settlement Depository (NSD) and NCC until August 13. From June 13, the Moscow Exchange will suspend trading in the US dollar, euro and Hong Kong dollar.
“Any sanctions complicate relations with partners, for this reason they are created. Sanctions will somehow affect our citizens, who will have difficulty accessing some, let’s say, anti-applications. This will cause certain difficulties in settlements with our partners,” It seems to me that this is just a difficulty… Over these two years, we have largely moved away from both the dollar and the euro, and we carry out settlements with many countries in national currencies, this will continue… Let's hope that these sanctions are effective will be small,» he said. The deputy also noted that we need to try to work in the direction that the position of the Russian Federation’s partners does not change after the new sanctions, for this we need to “sit and think what to do.”

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