Български Русский English
Russian Market Adapts to West's Sanctions, Timeline for Removal Unimportant
Wednesday, 16 March 2016 11:17
Multithumb found errors on this page:

There was a problem loading image http://cdn5.img.sputniknews.com/images/101443/11/1014431176.jpg
Russian Market Adapts to West's Sanctions, Timeline for Removal Unimportant

13:17 16.03.2016(updated 13:52 16.03.2016) Get short URL

MOSCOW (Sputnik) – The Russian economy has fully adapted to the Western sanctions regime, making the time frame of their removal inconsequential to Russia, Russian Economic Development Minister Alexei Ulyukaev said Wednesday.

© Sputnik/ Alexandr Kryazhev

March 16 marks the two-year anniversary of Crimea's reunification with Russia, when a referendum on whether to join Russia was supported by over 90 percent of voters who went to the polls in the peninsula.

"Of course Crimea is our land. It always has been and always will be ours. And the sanctions regime is something that we have completely adapted to as an economy," Ulyukaev said at a plenary session of the lower house of parliament.

The US State Department said in a statement on Tuesday that it did not recognize the referendum and vowed to maintain anti-Russia sanctions "as long as the occupation continues."

"In fact, whether it [the sanctions regime] disappears this year, in 5 years or 10 years does not matter," Ulyukaev stressed.

© Sputnik/ Sergey Pyatakov

Washington, the European Union and several of their allies imposed a series of sanctions targeting key sectors of the Russian economy, as well as a number of individuals and entities over Crimea’s reunification with Russia and Moscow’s alleged interference in the Ukrainian conflict.

Russia has regularly denied playing a role in the clash between Ukrainian government forces and pro-independence militia. It maintains that the referendum on the Black Sea peninsula was held in accordance with democratic principles and reflected the will of the people.

A farewell to traditional arms: Russia develops weapons for the future

article thumbnail

Radio-electronic weaponsRadio-electronic weapons cripple enemy equipment with concentrated and powerful energy bursts. Such weapons could hit aircraft control systems and unmanned aerial vehicles (UAVs), and neutralize precision guided munitions with powerful microwave pulses.According to Russian de [ ... ]

Winter holidays in Russia

article thumbnail

Perhaps the best part about Russian New Year’s is that it’s not back to work the next day or even the day after. Pictured: Street illuminations in Moscow....

Germany Lacked Will and Money to Implement Armata Project – German Media

article thumbnail

Europe21:33 28.05.2015Get short URLThe basic concept of the Russian Armata tank was developed 30 years ago in Western countries and even tested in Germany. However, Germany lacked the political will and financial resources to implement the project, the German newspaper reported. The tank concept [ ... ]