14.03.2022, Moscow.
The economic isolation of Russia in fact has not happened, said political scientist, candidate of political sciences, professor at Moscow State University Artyom Kosorukov in a commentary for Rossa Primavera News Agency on March 14.
“China does not follow the West in anything – it has not announced any sanctions against Russia. Turkey does not want to impose sanctions. India has not joined at all, as well as Brazil,” Kosorukov said. In his opinion, the economic isolation of Russia, as the US and its allies wanted, has not developed.
“It is possible to live without the West, but the West without the rest of the world will face the deepest crises,” the economist noted. He specified that China has already started to build an alternative financial system where external payments for resources and goods will be made in the national currency.
The countries that began imposing sanctions against Russia have themselves faced crises – rising fuel prices and higher product prices. “First of all it hit the EU, but gradually the USA also realizes that unilaterally worsening relations with Russia is not the answer,” Kosorukov explained.
“I think that during this year, all major commodity items will be offset by supplies from China, supplies from other countries that will take the opportunity to replace European, US goods,” the economist predicted.
Economic partnership with Russia is already wished to develop Korea, Turkey, India, probably Finland, the expert said. He also reminded that even Georgia refused to impose sanctions against Russia, understanding that Georgian wine is not needed on the European and US markets.
Source: Rossa Primavera News Agency
