Kremlin: U.S. sector sanctions against Russia destroying bilateral relations

The sanctions that the United States have been imposing on various sectors of Russia's economy have not achieved their result but are further destroying bilateral relations, Kremlin spokesman Dmitry Peskov said in commenting on the U.S.' decision to expand sector sanctions against the Russian economy on the Yuzhno-Kirinskoye oil and gas field in the Sea of Okhotsk.

The sanctions that the United States have been imposing on various sectors of Russia's economy have not achieved their result but are further destroying bilateral relations, Kremlin spokesman Dmitry Peskov said in commenting on the U.S.' decision to expand sector sanctions against the Russian economy on the Yuzhno-Kirinskoye oil and gas field in the Sea of Okhotsk.

"Unfortunately, the trend toward continuing dialogue using the language of sanctions is further destroying our bilateral relations," Peskov told journalists on Aug.7.

"The efficiency of sanctions can always be disputed, which is evident from economic dialectics, so to speak," he said.

"Definitely, it would be wrong to say that the sanctions have no effect. But there is no reason to say that the sanctions can somehow affect entirely these or those sectors of Russia's economy," he said.

"Russia's economy manifests its stability," he said.

"Therefore, I don't think we can talk about some significant or systemic effect of these actions, which we don't see as appropriate, legitimate, and, what counts most, farseeing," he said.

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