Friday, August 10, 2018

Russia’s Medvedev Says New US Sanctions Act of ‘Economic War’

Russia’s Medvedev Says New US Sanctions Act of ‘Economic War’

Russian Prime Minister Dmitry Medvedev
Russian Prime Minister Dmitry Medvedev
 Europe - Live News - News - Top - World
Russia’s prime minister sternly warned the United States on Friday against ramping up sanctions, saying that Moscow will retaliate with economic, political and unspecified “other” means.
The tough message from Dmitry Medvedev marked what the Kremlin sees as a red line, reflecting a growing dismay with the new US sanctions that already has sent the Russian ruble plummeting to its lowest level in two years.
The US State Department said Wednesday that Washington made the determination this week that Moscow had used the Novichok nerve agent to poison ex-Russian spy Sergei Skripal and his daughter in the British city of Salisbury and that sanctions would follow later this month. Russia has strongly denied involvement in the poisoning.
According to the State Department, those sanctions will include the presumed denial of export licenses for Russia to purchase many items with national security implications.
Some reports indicated that a possible next wave of sanctions in the fall could target Russia’s state-controlled banks and freeze their operations in dollars.
Medvedev warned the U.S. that such a move would cross a red line.
“If something like a ban on bank operations or currency use follows, it will amount to a declaration of economic war,” he said. “And it will warrant a response with economic means, political means and, if necessary, other means. Our American friends should understand that.”
Medvedev added meanwhile, that while the U.S. says that the sanctions are intended to punish Russia’s “bad” behavior, their real goal is to sideline a rival.
“It’s intended to remove Russia as a strong competitor on the international arena,” he said.
Source: Agencies