Russia's sanctions against Ukrainian businessmen, politicians and officials will not seriously affect the economy of Ukraine.
"Recently, Ukraine has sharply reduced the volume of trade with Russia, it has not completely disappeared, but even compared to 2014, the situation has changed quite seriously," the economist Oleg Pendzin said in an OBOZREVATEL commentary.
According to him, the sanctions will not affect the Ukrainian trade with other countries, and obviously will not affect the sensitive energy sphere for Russian-Ukrainian relations.
"Now there are quite active negotiations on the extension of the gas transit agreement, probably this will not affect the sanctions that Russians are going to introduce against Ukraine," Penzin said..
In general, according to the economist, this is purely a political act that will in no way affect the economy of Ukraine due to the fact that trade relations have sharply decreased between the countries, and the financial and economic ones have been virtually nullified. The same applies to mirror sanctions against the Russian Federation.
"Due to insignificant contacts with the Russian Federation, these sanctions are of a strictly political nature," he explained..