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Home International Customs

Economic sanctions against Russia not beneficiary for EU, must be stopped: Hollande

byCustoms Today Report
05/01/2015
in International Customs
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PARIS:  Russia’s economic crisis cannot bring any benefit to the European Union, and so the introduction of sanctions against Moscow should be stopped, French President Francois Hollande said.

He said the settlement of the conflict in Ukraine is the main condition for the sanctions’ lifting.

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If Russia is in crisis, this means no good for Europe, said the French leader. He said he was against the confrontation policy and that the sanctions must be stopped. He said, however, that the sanctions regime would remain in the old format if the asides fail to make progress on the Ukrainian issue.

“I think the sanctions must stop now. They must be lifted if there is progress. If there is no progress, the sanctions will remain,” Hollande said.

Tags: French President Francois HollandeRussia’s economicsanctions against Moscow

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