Naryshkin: the damage from anti-Russian sanctions for EU countries is measured by hundreds of billions of euros

MOSCOW, October 21. The damage from anti-Russian sanctions for EU countries is about 100 billion euros.

This was stated by state Duma speaker Sergei Naryshkin at a meeting with the delegation of the European Parliament “European United left/Left-green of the North” headed by the Chairman of the faction Gabriele Zimmer.

The Russian speaker had referred to the European institutions, according to which economic sanctions “affect and the countries of the European Union, and Russia.”

“The results of the Austrian economic research Institute, long-term damage from sanctions confrontation for EU countries and Switzerland is expressed in numbers of approximately 100 billion Euro and around 2 million lost working places”, – said Naryshkin.

The European Parliament could help restore trust between Russia and the EU

The European Parliament as one of the main European institutions can help restore confidence between Russia and the EU, said the Chairman of the state Duma Sergey Naryshkin.

“I want to emphasize that the European Parliament as one of the main EU institutions can make a significant contribution to the restoration of full cooperation between Russia and EU countries, the EU in General and in restoring confidence in the European continent,” Naryshkin said.

The speaker has reminded that Russia “is not the initiator of the confrontational model of interaction, relations between Russia and the EU, which now actually is in Europe.” To date, the main “irritant” in relations between RF and EU is the problem of the so-called sanctions imposed by the European Union towards our country, stated the head of the lower house of the Russian Parliament. In turn, these actions by the EU are linked to the internal Ukrainian crisis, he said.

“If we abstract from any political emotions, such actions by one or a group of countries without the relevant decision of the Security Council (the UN) against another country are, from the point of view of international law, of course, illegal, illegal, they violate international law and WTO rules, and in General the principles of free economy and free competition,” said Naryshkin.