PRESS: Moscow mulls no new sanctions against Turkey

MOSCOW, Dec 7 (PRIME) -- Moscow is not discussing widening of economic sanctions on Turkey, Economic Development Minister Alexei Ulyukayev said in an interview to Vedomosti business daily published Monday.

“No, it is not under discussion. Logically speaking, it is not just a food import ban imposed on Europe and America, it is a different thing. Our people, our country have real risks here. So I think that where the risk is higher, the possibility of keeping the sanctions is higherr,” he said.

Business connection should suffer the least and people of Turkey should be differentiated from its elite.

The Economic Development Ministry does not expect any serious consequences for the Russian economy from the anti-Turkish sanctions.

“For now, I assume that the figures are very unlikely to be important from the macroeconomic point of view. A short spike of food inflation is possible, but it will not be high, it will only equal tenths of percent. In any case it will be smoothed out in the range of 12 months,” he said.

After Turkey had shot down Russian fighter jet, President Vladimir Putin ordered to impose special measures on Turkey. The list of measures included a suspension of a visa-free regime, a ban on charter flights and sales of packaged holidays to the country, a ban on imports of some food and suspension of joint projects.

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