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

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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.

Deputy Foreign Minister Vasily Nebenzya - Sputnik International
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 said.

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.

Despite tense relations with the United States, the Eurasian Economic Union (EEU) plans to cooperate with the United States in different areas of economy and trade. - Sputnik International
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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.

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