“Harder and stronger. New US sanctions will be a shock to the economy”, – Kudrin

Russian economist told in detail what the situation is now in the country.

On Tuesday, February 19, the head of the accounts chamber Alexey Kudrin said that the Russian economy has no immunity to sanctions. The new sanctions package, developed in the United States, says the official, will cause the country’s next economic shock. About it reports “Interfax“reports “League news Russia”.

According to Kudrin, today Russia involved in world trade, and 70-80% dependent on imported technology, primarily in manufacturing industries, and therefore “sensitive to any sanctions from the outside.”

The sanctions, which have restricted banks and state-owned companies access to long-term credits in the West, and the oil and gas industry blocked the inflow of imported technology and economy “as if trapped by the” Kudrin said.

In addition, the U.S. Treasury announced the tightening of restrictive measures against Venezuela, in the sanctions list includes five citizens of the Republic.
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