Sanctions on Russia Prologue to Economic War: French Parliamentarian

Author: us-russia
Comments: 0
Sanctions on Russia Prologue to Economic War: French Parliamentarian
Published 22-10-2014, 18:48
SOCHI, October 22 (RIA Novosti) - Anti-Russian sanctions could be a prologue to a US-led economic war, Thierry Mariani, a member of the French National Assembly, told RIA Novosti Wednesday.

"According to my calculations, thanks to sanctions, we can worsen the unemployment ratesin France in a month. I think everything that is happening now is a prologue to an economic war, which will be led in the interests of the United States. And the stupidity of Europe is seen in the fact that it adheres to these sanctions," Mariani, who is also the co-president of the Franco-Russian Dialogue Association, said on the sidelines of the Valdai International Discussion Club.

According to the politician, who previously served as France's transport minister, Russian company UralVagonZavod helped build a factory in a "very poor area in the north of France."

"These were joint [Franco-Russian investments] and we retained more than 300 jobs. Yesterday, I talked with the head of this company, who is also a trade union delegate, and he told me that the company is almost bankrupt. My question was: do the Russians not keep their word? And he told me: Russians keep their word and do everything they promised. The problem is the effect of sanctions."

French bank BNP Paribas does not wish to provide a new loan to the company because its partner UralVagonZavod is Russian and also produces weapon parts at its factory in Nizhny Tagil, Mariani said.

Evaluating the possibility of lifting sanctions against Russia, the French parliamentarian stated that it would take a lot of time and would only happen if it was in the interest ofUS businesses.

"Six months ago, I was in Uzbekistan. This country was under sanctions after the events in Andijan [in 2005]. Everyone thought that this would last for six, maybe nine months. In reality, everything was dragged out over several years. When did it stop? Only after American companies agreed to take over a large share of the market. Immediately after this, everyone said: we are removing the sanctions," Mariani stated.

He noted that sanctions against Russia "will be very lengthy and will be a disaster for both sides."

The United States, the European Union and some other Western countries have imposed several rounds of economic sanctions on Russia over its alleged involvement in the Ukrainian crisis, claims Moscow has repeatedly denied. The sanctions target Russia's banking, defense and energy sectors, as well as certain individuals.

 

RIA Novosti

Comments: 0
Experts' Panel
Save the Planet Expert`s Pannel
Presently a growing number of people, including well known and...
Save the Planet Expert`s Pannel
Top
popular in the journal
Ortega Calls His Victory in...

Ortega Calls His Victory in...

MANAGUA (Sputnik) - Nicaraguan President Daniel Ortega on Tuesday told Sputnik that the victory of his Sandinista Front in general elections is an example for other ...
Could the U.S. Military Gain Air...

Could the U.S. Military Gain Air...

Any potential air attack over mainland China will require aircraft to operate at higher altitudes to avoid being detected.
Russia, US Understand Need for...

Russia, US Understand Need for...

MOSCOW (Sputnik) - Russia and the United States understand the need for a meeting of Presidents Vladimir Putin and Joe Biden but an agreement on a timeframe for the ...
RUSSIAN FEDERATION SITREP 11...

RUSSIAN FEDERATION SITREP 11...

REMEMBRANCE DAY. I remind Russians that, while D-Day was not the decisive battle of the war, it was not hastily thrown together when it was clear that Germany ...
Another failed summit? Here’s a...

Another failed summit? Here’s a...

Despite the rather dismal and disappointing results of this year’s Group of Seven, Group of 20 and COP26 summits, President Biden is getting ready for another ...