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Economist Zubets spoke about the consequences of the 13th package of sanctions for Russia

The new 13th package of anti-Russian sanctions did not include sectoral restrictions, but the main focus was personal sanctions against specific companies and individuals. Rossiyskaya Gazeta reports about this.

A significant point is the presence of secondary sanctions against those companies that help Russia circumvent previously introduced restrictions. Experts note that these measures may be sensitive for Russia, affecting the supply of dual-use goods.

Director of the Center for Socio-Economic Research at the Financial University under the Government of Russia, Alexey Zubets, emphasized that pressure on Russia’s partners abroad remains a serious tool. He noted that companies subject to sanctions will be forced to look for new distribution channels and suppliers, which may lead to an increase in the cost of products.

According to the economist, mass products will rise in price little, while exclusive goods subject to sanctions may rise in price significantly. He noted that we should expect a revision of delivery routes and the search for new markets.

Earlier it became known that in 2023, the debt of Russians to banks reached 3.2 trillion rubles. More about this read the material Public News Service.

It was also reportedthat large UAE banks have limited settlements with Russia and closed customer accounts.

Message Economist Zubets spoke about the consequences of the 13th package of sanctions for Russia appeared first on Public news service.

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