Politics
15:29, 06-Jul-2017
Putin attacks sanctions, protectionism on eve of G20
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Russian president Vladimir Putin attacked sanctions against his country as a "covert form" of
protectionism and called for open trade ahead of the G20 summit, in an editorial published in Germany on Thursday.
protectionism and called for open trade ahead of the G20 summit, in an editorial published in Germany on Thursday.
"I'm convinced that only open trade relations based on uniform norms and standards can stimulate growth of the global economy and support a progressive development of intergovernmental relations," Putin wrote in a guest article published in German business daily Handelsblatt on Thursday.
Putin said protectionism was becoming widespread and a behavioral norm.
"Unilaterally imposed and politically motivated sanctions on investment, trade and, in particular, technology transfer become its covert form," Putin said.
"In our opinion, such sanctions not only have no perspective, but they also contradict the G20 principles for interacting in the interests of all countries of the world."
(Source: Reuters)
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