AP Interview: Russian economy boss: sanctions no longer bite

Russia’s up-and-coming financial system minister says his nation is not affected by U.S. and EU sanctions, and sees higher prospects for future commerce in Asia.

Maxim Oreshkin advised The Related Press on Tuesday that the Russian financial system is on monitor to develop no less than 2 % this yr. That might be a primary after 2014, when the financial system sank into recession pushed by sinking oil costs and sanctions over Russian actions in Ukraine.

Talking in Paris, Oreshkin slammed new U.S. sanctions imposed final month however stated his nation has “turned the nook” because of home reforms.

Whereas the EU stays a key commerce participant, he stated, “we see extra willingness on the Asian aspect to work with us.”

He would not touch upon hypothesis he might be a future prime minister.

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