US sanctions against Russia may be in place for decades, while those imposed by the European countries may be lifted soon, Russia’s Economic Development Minister Alexei Ulyukayev said Saturday.
“The introduction of sanctions against us [by the United States] is a problem for decades… But the European sanctions, in my opinion, may have a different fate,” Ulyukayev said in an interview with Russian newspaper Komsomolskaya Pravda.
The minister also stated that the signing of the Ukraine Freedom Support Act into law by the US President Barack Obama could be problematic for Russia as well.
On December 18, US president signed the 5859 Ukraine Freedom Support Act of 2014, which gives him the authority to impose, at his discretion, additional restrictions on Russia. The aim of the Act is to provide the US president with the authority to both impose additional sanctions on Russia and to render more aid to Ukraine.
Over the past months, the West has introduced several rounds of sanctions against Moscow, aimed at weakening its banking, defense and energy sectors, while Russia has responded with food imports restrictions.