Pravda.ru

News » World

Ukraine and Russia to terminate trade relations completely

18.07.2014 | Source:

Pravda.Ru

 

 

Ukraine and Russia to terminate trade relations completely. 53201.png

Ukrainian Prime Yatsenyuk believes that trade between Ukraine and Russia will stop completely soon, in a bilateral format. He explained his forecast with worsening relations between the two countries, as well as the EU sanctions against Moscow. According to Yatsenyuk, the decline in exports will make up $5 billion, RIA Novosti reports.

"My forecast is as follows: one should be ready that we will have almost complete restriction of trade with Russia bilaterally. When Western countries impose sanctions on Russia, close markets and suffer losses, we just sit here and think that it will all pass simply. This is wrong and does not meet the standards of international law, nor does it correspond to the main point: the notion of our dignity. I understand all economic consequences, and you understand them too. But I also understand that Russia is not the only market in the world, where Ukrainian products can be supplied. Therefore, the government is ready to do everything to ensure that we have diversify markets," Yatsenyuk said.

"According to our preliminary estimates, the export of Ukrainian products will drop by about $5 billion in the event the Russian market is completely closed," he added.


Ukraine cuts its own throat
 







Popular photos


Most popular

China turns two powerful US and UK destroyers into worthless buckets
China turns two powerful US and UK destroyers into worthless buckets
The US missile destroyer Zumwalt and high-tech destroyer of the British Royal Navy HMS Duncan turned into "useless buckets" owing to China's efforts
Putin's super tank horrifies British military
Putin's super tank horrifies British military
A British newspaper has obtained a secret document from the British Defence Department. The document is entirely devoted to the power of Russia's T-14 Armata tank
Рейтинг@Mail.ru Rambler_s_Top100_Service