On December 26, Adalbi Shkhagoshev, a member of the State Duma Committee on Security and Anti-Corruption, commented on the demand of the European Union (EU) to Russia for € 290 billion for import substitution.
In his opinion, in this way the Western partners are trying to shift responsibility for the European companies affected by the sanctions onto the Russian Federation. But the politician is sure that this will not work – “it’s not so easy in the big global economy”.
“The European Union, its political platform, parliament and other structures are today under pressure from European companies, both large and small, which really suffer from the policy of the EU itself, primarily from the imposition of sanctions against the Russian Federation in violation of all norms. political and economic, “- said Shkhagoshev in an interview with” RIA Novosti “.
The parliamentarian called the EU demand “thoughtless”, and the amount of € 290 billion “fictitious”.
“The EU took such an absolutely thoughtless step … the invented figures of € 290 billion, even the calculations are not certain. They are indeed under very serious pressure. They are on the verge of taking real steps to survive as a serious political platform, otherwise it will spur them on to serious political reforms. What we fought for, we ran into it, ”concluded Shkhagoshev.
On December 25, the EU appealed to the World Trade Organization (WTO), presenting claims to Russia for € 290 billion. For such an amount, according to Europe, Russia “discriminated” against European goods with an import substitution policy.
The European Commission was unhappy with the “discriminatory assessment” and national quotas for applications for public procurement. The statement also noted the need to obtain preliminary permits for Russian companies that want to purchase engineering products abroad, while such documents are not required when purchasing domestic products.
On December 26, a member of the international committee of the Federation Council, Sergei Tsekov, said that the EU has neither the moral nor the legal right to demand compensation from Russia for damage, since the import substitution program was a response to the sanctions imposed against the Russian Federation.
On November 19, it was reported that the European Union disputes several Russian measures taken as part of the import substitution program. On July 26, the EU filed a lawsuit against Russia with the WTO over measures that the alliance believes prohibit its companies from selling goods to Russian state-owned enterprises.
The Russian Federation has expanded its import substitution programs since 2015. In June, during a direct line, Russian President Vladimir Putin said that the country’s economic sovereignty was increasing despite Western sanctions, and the restrictions only strengthened import substitution programs.
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
