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West ‘struggling’ with sanctions – Kremlin West ‘struggling’ with sanctions – Kremlin
(about 5 hours later)
Foreign restrictions do not work the way they were intended, President Vladimir Putin’s spokesman said International restrictions do not work in the way they were intended, President Vladimir Putin’s spokesman said
Russia has managed to turn the tables on the West when it comes to sanctions placed on Moscow, the Kremlin said on Saturday, arguing that a myriad of restrictions failed to crash the Russian economy. Russia has managed to turn the tables on the West when it comes to sanctions, Kremlin spokesman Dmitry Peskov said on Saturday, noting that a myriad of restrictions has failed to crash the Russian economy.
“The Westerners are struggling because they are seeing that the sanctions are not hitting [us] as they were supposed to,” Kremlin spokesman Dmitry Peskov told broadcaster VGTRK. The US and its allies have imposed sweeping sanctions on Moscow in response to its military operation in Ukraine, targeting the financial and energy sectors, among others.
“Moreover, as always, the Russians have managed to find ways to benefit from them.” “Westerners are struggling because they are seeing that the sanctions are not hitting us as they were supposed to,” Peskov told the broadcaster VGTRK.
Peskov stressed, however, that Moscow would stay vigilant and closely monitor all restrictions imposed by the West because the “are no lengths they would not go” just to hurt Russia. “Moreover, as always, Russians have managed to find ways to benefit from them.”
The US and many of its allies have imposed sweeping sanctions on Moscow in response to its military operation in Ukraine, targeting Russia’s financial and energy sectors, among other spheres. However, the Western officials have repeatedly admitted that the negative impact of the penalties on Russia has not been as significant as expected. Peskov stressed, however, that Moscow would stay vigilant and closely monitor all restrictions imposed by the West because there “are no lengths they would not go to.” 
Nevertheless, the EU is currently working on the 12th round of sanctions, which RFE/RL described on Friday as “weakest EU sanctions package to date on Russia.” Western officials have recently acknowledged that the negative impact of the penalties on Russia has not been as significant as expected.
Speaking at a government meeting in September, Russian President Vladimir Putin said that although the sanctions had “slowed down” certain economic projects, they also were “stimulating development.” Russian officials have said that foreign restrictions have ultimately failed to tank the country’s economy, instead providing an opportunity to boost domestic production and reroute existing trade. Nevertheless, the EU is currently working on a 12th round of sanctions, which RFE/RL described on Friday as the “weakest EU sanctions package to date on Russia.”
Speaking at a government meeting in September, Russian President Vladimir Putin said that although the sanctions had “slowed down” certain economic projects, they were also “stimulating development.” Russian officials have said foreign restrictions have ultimately failed to tank the economy, instead providing an opportunity to boost domestic production and reroute existing trade.