anti-Russian sanctions – Checkmate, Obama! | Eng Subs

anti-Russian sanctions – Checkmate, Obama! | Eng Subs

February 11, 2020 0 By Sebastian Fry


ACUTE ISSUE Obama said that the Russia’s economy is “torn to shreds” To make war with Russia is dangerous and the White House prefers working with sanctions. Many think that Russia is in total isolation after introducing sanctions. Every day I read in comments that nobody will deal with us, nobody will run a business and our country is rolling to the “stone age”. Let’s compare these myths with concrete facts. Let’s play a sort of chess: I will use statements of the White House when playing black and the annual report of the state company Rostec when playing white. So, Obama introduces sanctions against Russian enterprises. At the same time, Rostec launches the production of gas turbine installations at a joint plant with General Electric. Western banks freeze accounts of Russian defence sphere companies. At the same time, VSMPO-AVISMA Corporation, part of Rostec, and the US Boeing company make a treaty on titan delivery till 2022. Russian mass media inform about difficulties of Russian companies at the international market. At the same time, Rostec wins a competition for construction of a large oil-processing plant in Uganda. The amount involved is three billion dollars. The government of Uganda chose the Russian state company, rejecting China, Japan, Holland, and even the Great Britain. Finally, Obama says that Russia’s economy is torn to shreds. Rostec reports on a profit of 34 billion roubles. Sincerely speaking, the USA managed to damage the Russian company. A few billion dollars over export Rostec contracts have been blocked in western banks. It is unpleasant but no catastrophe. Vasily Brovko, the Head of Rostec’s Department of Communication and Information, told about an interesting side effect of sanctions at the presentation of an annual report. “Consumers in India, Vietnam, and Latin America felt themselves beyond the security zone when they saw how the western partners treated market agreements. On that basis, they are interested in our IT facilities and creation of joint enterprises in the sphere of their development and production”, he added. Obama helped the Russian corporation to widen the market outlet and a circle of potential partners, having created, via sanctions, a problem for the USA rather than Russian companies. There is a kind of universal justice, isn’t there? I’d like to make a prediction for future. My prediction is as follows. Sanctions will be prolonged. Western politicians will tell their electorate about how badly everything is in Russia. Alarmists will whimper ‘all failed’. Meanwhile, the Russian economy will work in spite of all problems. In future, we will think about the sanctions with gratitude. Owing to the sanctions, we will soon have our own computers, medicines, machine tools and cars. We have nothing to be sad about. But we have something to work. Ruslan Ostashko, Editor-in-Chief, Politrussia.com