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Anti-Russian Sanctions Cost Various States More Than 100 Billion Dollars
May 11, 2017 16:22


Financial losses of the countries that introduced anti-Russian sanctions are twice as high as the losses of Russia. This was stated by the UN Special Rapporteur Idris Jazairy. According to him, the anti-Russian sanctions cost various states more than 100 billion dollars.

The UN representative estimated the losses of Russia at 52-55 billion. “We can say that this is the price you had to pay for the Ukrainian crisis” - he said. The Rapporteur said that the lost means of both sides could have been used in a better way. “100 plus 52-55 billion, it is about 150 billion dollars, that’s three times the GDP of Ethiopia, could there be a better use for this money?” –Jazairy asked.

At the same Russia counteracted the sanctions, as the Special Rapporteur noted. “Now, in the year 2017, the pace [of economic development] has once again moved to positive growth, suggesting that adaptation measures taken by the Government have been efficient” - he stressed.

On April 20 the Italian politician, representative of the Northern League party, Sergio Divina said that Italy had lost from 3.6 billion to 4 billion euros since the introduction of the anti-Russian sanctions.


Author: Anna Dorozhkina


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