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    November 4, 2016

    Russia and Greece plan to circumvent sanctions, launch joint projects

    November 4, 2016 - Fort Russ News - 
    PolitRussia - translated by J. Arnoldski - 

    During Russian Foreign Minister Sergey Lavrov’s visit to Greece, the development of plans for bypassing the anti-Russian sanctions was discussed. This has been reported by Izvestiya newspaper with references to a source in foreign policy circles.

    During the meeting, Russia and Greece recognized the negative consequences of the anti-Russian sanctions imposed by the EU and the responsive embargo.

    “Greece, which supplies a large portion of agricultural products in Russia, has suffered more than many of its EU colleagues. According to data from Russia’s Federal Customs Service, in 2014 trade turnover decreased by 39.2% and in 2015 by 34%. However, Russia and Greece are searching for a solution to this problem. A source in Russian foreign policy circles has told Izvestiya that Moscow proposed Athens to circumvent the sanctions through the creation of joint ventures in the framework of the Russian-Greek Commission on Economic, Industrial, and Scientific-Technical Cooperation,” the article reads.

    According to the source, Russia cannot make exceptions for a single country, therefore it has proposed “combined production.” 

    “In the near future, we expect a response from the Greek side on this matter. This question was raised at the talks in Athens,” the source remarked. 

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