Russian lawmaker says EU sanctions will backfire

mk.ru (Russian)

A Russian lawmaker claims the European Union's newly implemented 18th sanctions package against Russia will backfire and negatively impact the EU. The sanctions, which came into effect on July 19th, target 14 individuals and 41 entities. The lawmaker, Mikhail Sheremet, views the measures as a provocative act that will harm Western countries. Russia has repeatedly stated its ability to withstand sanctions, while the EU's new package includes oil price caps, restrictions on the Nord Stream pipelines, and bans on transactions with the Russian Direct Investment Fund.


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