INSUBCONTINENT EXCLUSIVE:
Western sanctions for Moscow's military campaign in Ukraine have "failed" to undermine the "financial stability" of Russia, the country's
But their initiators did not achieve their main objective
significantly mitigating the negative impact of hostile actions on our citizens and businesses."A slowdown of the economy was "inevitable"
But that did not happen," Mishustin said, adding that Russia will emerge from this period "even stronger and better prepared."He said the
West's "attempt to limit energy exports" from Russia "led to a natural increase in oil and gas revenues in our budget, almost by half."The
EU has looked to reduce its dependence on Russian energy resources and has agreed a plan to decrease natural gas consumption across the
bloc.Since the start of the Kremlin's offensive in Ukraine, Russia has reduced or halted supplies to different European nations, fueling
fears of an energy crisis with winter fast approaching.On Tuesday, Russian energy giant Gazprom announced that China will start paying for
dollar is a long-term trend," Mishustin said, calling on countries to "form a multipolar system of international transactions."
