Earlier, Russian Prime Minister Dmitry Medvedev said that the US introduces sanctions in order to suppress global competition, but will end up hurting its own economy.
The Russian government can financially support large individual companies if they are slapped with new US sanctions, Russian Prime Minister Dmitry Medvedev told reporters.
“I have repeatedly commented on the sanctions against our country, I have absolutely nothing to add here, we have adapted to various kinds of restrictions,” Medvedev said, speaking of possible new sanctions from the United States.
He noted that such restrictions “even give us a certain scope for improving our economy, to create some new economic mechanisms.”
On August 24, the United States announced that it was imposing sanctions on Russia under the Chemical and Biological Weapons Control and Warfare Elimination Act of 1991. The law allows for the termination of foreign assistance and arms sales, denial of US government credit or other financial assistance, prohibitions on exports and a suspension of diplomatic relations, among other possible measures.