Published November 07,2024
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Russia shouldn’t be anticipating sanctions to be lifted shortly following Donald Trump’s victory within the US presidential election, stated Aleksandr Shohin, president of the Russian Union of Industrialists and Entrepreneurs (RSPP).
Sanctions on Russia can be regularly lifted, though they had been imposed shortly, Shohin advised reporters within the west-central Russian metropolis of Chelyabinsk, describing Trump as an emotional and unpredictable particular person.
“What many people expect from him is to fulfill his promise that he will not start or support new wars and will end old wars,” he stated.
When doing business with Western nations, Russian businesspeople “hope for the best but start from the worst,” he stated. “The Russian business world, including large companies, has the experience that sanctions are easily imposed but very slowly removed.”
He stated there are a number of the explanation why the sanctions strain will proceed.
Regarding the continuing battle in Ukraine, Shohin stated, “Even if the special military operation in Ukraine ends, Western countries will find reasons to maintain sanctions.”
“Russian companies are focused on developing relations with Asia-Pacific, Africa, and Latin America, where economies are growing faster than in Europe and the US.”
Cooperation with these areas will speed up if sanctions are lifted, he stated, including, “We must keep in mind that diversification is more profitable in any case. You cannot put all your eggs in one basket.”
Source: www.anews.com.tr