The economist revealed the reasons for the partial lifting of sanctions against Russian banks
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- The economist revealed the reasons for the partial lifting of sanctions against Russian banks
The decision of the US Treasury Department to partially lift sanctions against Russian banks should be considered the result of systematic and consistent work that Russia and the United States are conducting in parallel with the main diplomatic track of resolving the Ukrainian crisis. This opinion was expressed by Anna Fedyunina, Associate Professor at the HSE Faculty of Economics, in a conversation with Izvestia on December 23.
"For the current US administration, despite its rigidity in negotiations, the implementation of economically profitable and strategically sustainable projects remains a priority," the expert stressed.
She noted that the United States depends on Russian supplies of enriched uranium and isotopes for medicine and industry. And the temporary authorization for transactions with Russian banks is a sign of pragmatism in negotiations and a clear indication of the flexibility of sanctions pressure.
Given the continued contacts between Russia and the United States, other exceptions to the restrictions may follow in the near future, the economist admitted.
"Flexible sanctions are a sign of a pragmatic approach that leaves room for dialogue and mutually beneficial cooperation, as opposed to strict, continuous restrictions that always lead to mutual harm," concluded Fedyunina.
Read more about what the easing of anti—Russian sanctions will lead to in the Izvestia article.
Waiting for the heat: why the US lifted some of the sanctions on Russian banks
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