ARAB AND WORLD

Fri 03 Nov 2023 3:32 pm - Jerusalem Time

The Kremlin confirms that Russia will “overcome” the new US sanctions

The Kremlin confirmed on Friday that Russia will "overcome" the new US sanctions that Washington announced the previous day, after Russian companies became able to "adapt" to them, in the twenty-first month of Moscow's attack on Ukraine.

Russian presidential spokesman Dmitry Peskov said that the sanctions "certainly pose certain problems, but we have learned how to overcome them."


He added, "We have adapted to the sanctions, and we have learned to protect ourselves from the risks associated with them," at a time when Moscow is subject to many sanctions starting in 2014 and then starting in 2022.


He pointed out that all major Russian companies “have developed an action plan in case they are exposed to sanctions.”


On Thursday, the United States announced a set of new punitive measures targeting companies that help supply weapons to Russia.


The matter concerns 130 individuals and entities participating in trade exchanges with Russia, to enable the country to obtain “the necessary technologies and equipment” to continue its war in Ukraine.


These sanctions specifically affect about ten companies in Turkey, about twenty companies in the United Arab Emirates, and three companies in China.


Washington also targeted Russian entities and individuals involved in the trade of equipment and technology from abroad, as well as those involved in research and development.


The United States also strengthened existing sanctions on the Russian financial sector by adding seven institutions and the heads of a number of banks to its list.


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The Kremlin confirms that Russia will “overcome” the new US sanctions