: Sanctions help our economy and should stay - Russian senior official

16:07 Jun. 18, 2016

Sanctions help our economy and should stay - Russian senior official

Russian President Vladimir Putin (L) and his Chief of Staff Sergei Ivanov (R) in Moscow (GettyImages Photo)

Russia's Presidential Administration chief says, Europe realises sanctions don't work

Sanctions against Moscow, imposed by the West, are good for Russia and should stay "for as long as possible". This controversial opinion belongs to Sergei Ivanov, who is the Russian Chief of Staff of the Presidential Executive Office. 

According to Ivanov, the sanctions have helped Moscow significantly reduce dependency on its petroleum industry, UNIAN reports.

Read also: Moscow has to lift sanctions first - Sarkozy

"I personally would like the sanctions against us to be kept as long as possible. We often talked before about the diversification of our economy. You know the saying, every cloud has a silver lining. This is the case", Ivanov claimed. 

Although Ivanov admitted the sanctions had done significant harm to Russia, he said "the worst was over". He also assured, the E.U. realised the economic restrictions against Moscow didn't work. 

Read also: Sanctions should be "gradually lifted" if Russia progresses in Minsk - Steinmeier

The West have imposed sanctions against Moscow after Russia illegally annexed Ukraine's Crimea and started war in the Donbas region. In response to these actions Kremlin has banned import of food from the countries, who supported the restrictions. 

Later the Brussels and Washington have connected the sanctions to Russia's implementation of the Minsk agreements, aimed at solving the conflict in eastern Ukraine. 

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