Joint Response to Anti-Russian Sanctions Not on EEU Agenda So Far: Diplomat

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11:34 31.12.2014(updated 13:25 31.12.2014)

Members of the Moscow-led Eurasian Economic Union have no plans to
respond to the Western economic sanctions, according to Russian Deputy
Foreign Minister Vasily Nebenzya.

Some 40 States Ready to Create Free Trade Zone With EEU: Diplomat
MOSCOW, December 31 (Sputnik) - Members of the Moscow-led Eurasian
Economic Union have not yet considered a joint response to the Western
economic restrictions against Russia, Deputy Foreign Minister Vasily
Nebenzya said Wednesday.

The union currently has five members - Russia, Belarus, Kazakhstan,
Armenia and Kyrgyzstan.

"The issue of joint actions in response to the West's restrictive
measures against Russia is not on the agenda at present, though the
legislative base of the Customs Union allows it," Vasily Nebenzya

In March, following Russia's reunification deal with Crimea, the
United States, the European Union and a number of their allies
introduced a package of sanctions against Russia. They included asset
freezes and visa restrictions on some individuals and envisaged
scrapping business contacts with Russia.

Eurasian Economic Union to Continue Work With US Despite Tensions: Official
In April, the West continued its pressure on Russia by ratcheting up
sanctions, citing the country's alleged meddling in the military
conflict in southeastern Ukraine.

Russia repeatedly denied the accusations, stressing that sanctions are
counterproductive and warned of a possible boomerang effect on the
countries that imposed them.

In August, Russia responded by introducing a year-long ban on food
imports from the countries that had sanctioned it.

In mid-December, the United States, European Union and Canada
introduced a new round of sanctions targeting Russia and specifically
Crimea. Speaking about the move last week, Kremlin aide Yuri Ushakov
told journalists that Russia was considering its response, but did not
provide any details.

From: A. Papazian