US sanctions won’t harm Russian economy more than trade wars, experts say
MOSCOW, Aug 26 (NNN-BERNAMA-TASS) — The second round of US sanctions imposed on Russia over the so-called Skripal case is entering into force.
Experts interviewed by TASS believe that the new restrictions won’t harm Russia’s economy more than trade wars, including the one between the US and China, and oil market volatility.
The new sanctions prohibit US banks “from participating in the primary market for non-ruble denominated Russian sovereign debt and lending non-ruble denominated funds to the Russian government.”