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Sanctions against Russia do not reflect realities of global politics and economy: Putin

MOSCOW, RUSSIA - AUGUST 1, 2022: Russia's President Vladimir Putin holds a meeting via video link from the Moscow Kremlin to discuss metallurgical industry issues. Pavel Byrkin/Russian Presidential Press and Information Office/TASS Ðîññèÿ. Ìîñêâà. Ïðåçèäåíò ÐÔ Âëàäèìèð Ïóòèí ïðîâîäèò â ðåæèìå âèäåîêîíôåðåíöèè â Êðåìëå ñîâåùàíèå ïî âîïðîñàì ðàçâèòèÿ ìåòàëëóðãè÷åñêîãî êîìïëåêñà ÐÔ. Ïàâåë Áûðêèí/ïðåññ-ñëóæáà ïðåçèäåíòà ÐÔ/ÒÀÑÑ

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New Delhi: Anti-Russian sanctions do not reflect the realities of global politics and the economy, Russian President Vladimir Putin said on Monday at a meeting with representatives of the metal industry.

“I have already said that these decisions were made by Western countries for the sake of political interests – the current, opportunistic ones that do not reflect the realities either in global politics or the global economy,” he said.

Putin added that western politicians who imposed sanctions against Russia simply “threw away” the principles of the WTO. “Western politicians are not interested in ordinary citizens’ diminishing well-being and quality of life, particularly in Europe. Not to mention such things as adherence to the principles of the World Trade Organization – they were simply thrown away,” Putin said.

In general, Russian metal companies continue to face restrictions on foreign markets, Putin added.

However, the Russian diplomat said, “Russia is set to find out whether US President Joe Biden’s remarks about the need to negotiate a treaty to replace the New START when it expires in 2026 were an invitation to dialogue or just ‘lofty rhetoric,’”

“US Secretary of State Antony Blinken also mentioned the statement that President of the United States Joe Biden made earlier today ahead of the opening of the Review Conference. In particular, the Secretary of State cited President Biden’s words regarding the readiness of the US Administration to negotiate a new arms control framework to replace the New START when it expires in 2026. The US President added that negotiation required a willing partner (implying Russia) ‘operating in good faith.’ We truly wonder if the US side is indeed ready to negotiate or if it is mere ‘lofty rhetoric’,” the Russian delegation to the 10th Review Conference of the Nuclear Non-Proliferation Treaty (NPT) said in a statement, published by Russia’s permanent mission to the UN.

“It was the United States that unilaterally withdrew from the dialogue on strategic stability with Russia citing the developments around Ukraine as a pretext,” the delegation said.

“The US did this even though the goal of that dialogue was to lay down the groundwork for future arms control and risk reduction measures, i.a. with a view to making new relevant agreements. So it is high time Washington made up its mind, stopped rushing around, and told us frankly what it is that they want – escalate the situation in the area of international security or embark on equal negotiations.”

(Vinayak)