Photo:the Voice of Russia
Russia can dodge any proposed US sanctions by switching to other
currencies and creating its own payment system, Putin’s economic advisor
Sergei Glazyev said Tuesday. A senior Kremlin official has denounced
Glazyev’s remark on US-Russia economic ties, calling them "a personal
opinion" inconsistent with the Kremlin stance.
This comes amid US threats to pile sanctions on Russia over its stand on
the Ukrainian coup. US Senate is currently debating possible measures against
Moscow.
Senator Christ Murphy, the chairman of the Senate's Europe subcommittee,
said lawmakers were considering such options as imposing sanctions on
Russia's banks and freezing assets of Russian public institutions and
private investors.
Sergei Glazyev told reporters today Russia would have to switch to other
currencies to curb its dependence on the United States.
"We have wonderful economic and trade relations with our Southern
and Eastern partners," he emphasized. "We will find a way not
just to eliminate our dependence on the US but also profit from these
sanctions."
Sanctions imposed by the US against the Russian government institutions
will force Russia to recognize the impossibility of loans repayment to the
US banks, Presidential Aide Sergei Glazyev said.
"If sanctions are applied against state structures, we will be
forced to recognize the impossibility of repayment of the loans that the US
banks gave to the Russian structures. Indeed, sanctions are a double-edged
weapon, and if the US chooses to freeze our assets, then our equities and
liabilities in dollars will also be frozen. This means that our banks and
businesses will not return the loans to American partners," he said.
Russia urges Ukrainian regime to return to legitimacy
Russia will only engage
in a dialog with the ruling Ukrainian regime if it "returns to
legitimacy," Putin’s senior advisor Sergei Glazyev has said.
"This regime is
illegal, it is profoundly Russophobic. Some people in the Ukrainian
government, who have seized power by force, are on terrorist lists. They
are criminals," Glazyev underscored.
"I cannot imagine us
having any serious dialog with criminals, apart from talks that would bring
them back into the legal framework, restore the rule of law and make
Yatsenyuk, Klitschko, Tyagnibok and European ministers deliver on their
promises [made in connection with the Feb. 21 agreements]," he said.
The Kremlin has expressed
its surprise over remarks of President Putin’s economic security advisor
Sergei Glazyev who claimed today Russia could easily dodge US sanctions.
Russian media have learnt this from a senior official in the Putin
administration.
Mr. Glazyev said earlier
today that Russia would be forced to switch to other currencies and set up
its own payment system if US Senate were to sanction it over Ukraine.
The advisor claimed that
Moscow would recommend everyone to get rid of their US Treasury bonds if
the United States froze the assets of Russian public institutions and
private investors. He added that Russia would also have to default on its
loans to American banks.
"Mr. Glazyev has not
been authorized to talk on behalf of the Russian government and especially
to voice such unacceptable measures," the source in the Kremlin said.
He stressed it was Glazyev's "personal opinion" that had nothing
to do with Russia's official stance.
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