Anti-Russia Sanctions Ultimatum Will Blow Up in US' Face: Jeffrey Sachs Explains Why

“If the sanctions are actually applied, they are an escalation of the conflict, and therefore very dangerous. I do not believe that they will be effective. For example, I do not believe they will stop Russia from selling oil, gas, and other commodities to Asian markets. Yet, provocations and escalation often have unpredictable negative effects, and that could be true here as well,” Sachs told Sputnik.

“This is, in short, the wrong approach. We need diplomacy and negotiation to get to the root causes of the conflict, and solve them, not unworkable ultimatums based on the idea of an unconditional ceasefire,” Sachs said, highlighting Western powers’ refusal to discuss the “underlying reasons” for the Ukrainian crisis, from NATO’s eastward expansion and the US regime-change operation in Ukraine in 2014, to “the failure of the Western powers to honor the Minsk II agreement, among others.”