Anti-Russian sanctions ravaged the EU

13 September 2017, 17:01 | Economy
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The EU economy is losing $ 3.2 billion a month due to the sanctions regime that imposed on Russia in 2014. Russia also suffered losses, but they are several times less than Europeans. This is stated in the report of the UN special rapporteur on the negative impact of unilateral coercive measures on the enjoyment of human rights Idris Jazairi.

The EU and Russia have certainly suffered economic losses from sanctions and retaliatory measures, but their volume is disproportionate, Jazairi said at the 36th session of the UN Human Rights Council. According to his calculations, the EU monthly is missing 3.2 billion dollars. While Moscow's losses for a total of more than three years totaled $ 55 billion, that is, $ 1.25 billion a loss per month, RIA Novosti reports..

According to Jazairi, at first economic measures had a negative impact on the situation in the Russian Federation, the GDP of the country decreased slightly, a greater number of citizens living below the poverty line. However, all this coincided with the decline in world oil prices. So the UN special rapporteur is convinced - it was the oil quotes that brought Russia economic troubles, not EU sanctions.

In any case, Jazairi noted, Russia quickly adapted to the new economic situation. The import substitution program proved effective, oil dependence decreased. But Europe could not fill the hole that arose after the introduction of restrictive measures against Russia, he regretfully stated.

The speaker not only analyzed economic data.

In April, he visited Russia personally, communicated with members of the government, businessmen and members of the UN mission, trying to assess the impact of sanctions on the human rights situation in the country. It turned out that the influence of zero. In this regard, he called on the UN Council to discuss the effectiveness of unilateral sanctions against the Russian Federation, to recognize them as not relevant to the declared goal of the EU and the US and to make the right decision.

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