Russia restricted the entry of several representatives of European Union countries
The west aims to asphyxiate the Russian economy with a new package of sanctions. Russia, for its part, responds to European measures and pressure. From Moscow, our correspondent Oleg Yasinsky tells us in detail. teleSUR
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Transcript
00:00 The West aims to asphyxiate the Russian economy with a new package of sanctions.
00:05 Russia for its part responds to European measures and pressure.
00:08 From Moscow our correspondent Oleg Yantsev can tell us in details.
00:17 Russia restricted the entry of several representatives of European Union countries in response to
00:22 another sanction package.
00:25 In response to these hostile and illegitimate actions, we significantly expand the ban
00:33 list of representatives of European institutions and countries.
00:44 The Foreign Ministry stressed that Moscow will respond quickly and appropriately to any
00:48 hostile actions by the West.
00:52 The day before, the European Council approved a new twelfth package of sanctions against
01:00 Russian imports and exports, in particular the supply of diamonds, aluminum products,
01:08 copper wire, chemicals, technology and software licenses.
01:18 To leave the market, sell or transfer assets, it all depends on the negotiations.
01:31 But there was not and there is not a confiscation process.
01:45 According to Russian President Vladimir Putin, the sanctions have a boomerang effect on the
01:49 West as the Russian economy grew by 3.5% of GDP in 2023.
02:00 We should close 2023 with a 3.5% increase in GDP.
02:09 Russia's foreign debt has been reduced from 46 billion to 32 billion, and the profits
02:20 of Russian companies have risen by more than 24%.
02:27 On December 18, the European Union approved the twelfth sanction package, which for the
02:33 first time included the possibility of confiscating the financial assets of Russian legal or natural
02:40 persons to compensate European companies whose property in the Eurasian country was eventually
02:47 transferred to the state or to Russian companies.