Stake on 'sanction blitzkrieg' against Russian economy failed — Lavrov

  MOSCOW:  It is difficult for ill-wishers of Russia to comprehend that the stake on the sanction blitzkrieg against the Russian economy fai...

 


MOSCOW:  It is difficult for ill-wishers of Russia to comprehend that the stake on the sanction blitzkrieg against the Russian economy failed completely, Foreign Minister Sergey Lavrov said.

The power landscape in the global economy is changing quickly not in favor of the West, the top Russian diplomat said. "The total GDP of BRICS countries - these figures have been recently cited by the [Russian] President, exceeded by the purchasing power parity the like indicator of the Group of Seven as early as two years ago, and the gap will grow further with admission of new members to the Association from January 1. Contrary to sanctions, Russia climbed to the fifth position globally in terms of the same indicator as of the end of the last year, having outpaced Germany. According to all estimates of this year, growth rates of our economy will be more than three percent and the economy of mentioned Germany will contract," the minister indicated.

"It is not easy for ill-wishers of us to comprehend that the stake on the sanction blitzkrieg against the Russian economy failed completely. Therefore, those waging a hybrid war against us do not recognize their mistakes, attempt to use new illegitimate instruments to exhaust Russia, as they say, nurturing a dream of removing our country as an independent geopolitical figure," Lavrov said.


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Local Glob: Stake on 'sanction blitzkrieg' against Russian economy failed — Lavrov
Stake on 'sanction blitzkrieg' against Russian economy failed — Lavrov
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