Close X
Friday, November 15, 2024
ADVT 
International

Russia to hit back at Western sanctions: Minister

Darpan News Desk Darpan, 14 May, 2014 10:31 AM
    Foreign Minister Sergei Lavrov said Wednesday Moscow may retaliate against Western sanctions if those countries continue confrontation, indicating possible blow to such payment systems as Visa and MasterCard.
     
    "We don't want confrontation. But if the West continues its unprofessional and hysterical position, we'll have to think how to respond," Xinhua quoted Lavrov as telling the Bloomberg TV channel.
     
    "A Russian man harnesses a horse slowly but drives fast," he cited a Russian proverb, implying that Moscow might have not retaliated immediately, but its response could be rather painful.
     
    He called Western behaviour as "childish" as the West did not calculate how its sanctions would affect the global economic system.
     
    "If the West, just for the sake of revenge, is ready to sacrifice its reputation as a reliable partner of the entire global economic system, this is their choice," he said.
     
    The top diplomat cited, particularly, concerns of Visa and MasterCard payment systems over possible loss of the Russian market due to sanctions imposed by the US.
     
    "All this could be substituted," he said, adding there were many experts in Russia and other countries who knew how that works.
     
    On May 9, Russian foreign ministry spokesman Alexander Lukashevich vowed to retaliate against new sanctions from the West, referring to Moscow's decision to ban entry for a undisclosed list of Western citizens.
     
    The West accuses Moscow of being behind the chaos in eastern Ukraine where two regions declared independence Sunday amid clashes with government troops. Russia has denied the accusation. 

    MORE International ARTICLES

    Crimea seeks to join Russia, not independence: PM

    Crimea seeks to join Russia, not independence: PM
    Crimea is seeking to join Russia rather than win independence like in the case of Abkhazia, Crimean Prime Minister Sergey Aksenov said Friday even as it was announced that some 50 foreigners from 21 countries will be present as international observers during Sunday's referendum.

    Crimea seeks to join Russia, not independence: PM

    Elderly Sikh cleared of kirpan attack charges

    Elderly Sikh cleared of kirpan attack charges
    A British court has cleared a 60-year-old Sikh man of charges of allegedly attacking a drinker with a kirpan or ceremonial sword.

    Elderly Sikh cleared of kirpan attack charges

    28 dead in Venezuela protests

    28 dead in Venezuela protests
    Venezuela's Attorney General Luisa Ortega Diaz in a telephone interview with a state-run TV channel said Thursday three National Guard members were among the dead, and of the injured, 109 were police or military personnel

    28 dead in Venezuela protests

    'Morocco winning anti-terrorism fight through moderate Islam'

    'Morocco winning anti-terrorism fight through moderate Islam'
    Morocco is winning the fight against terrorism particularly through the promotion and dissemination of moderate Islam as an antidote to religious fundamentalism, according to a leading Italian daily.

    'Morocco winning anti-terrorism fight through moderate Islam'

    NEWSFLASH: 6.1 magnitude quake hits Japan

    NEWSFLASH: 6.1 magnitude quake hits Japan
    A quake measuring 6.1 on the Richter scale jolted southwest Japan early Friday, the country's meteorological agency said.

    NEWSFLASH: 6.1 magnitude quake hits Japan

    Malaysian plane still missing, all search futile

    Malaysian plane still missing, all search futile
    Malaysia Airlines flight MH370 with 239 passengers and crew on board vanished without a trace about an hour after taking off from Kuala Lumpur early Saturday. The Boeing 777-200ER was presumed to have crashed off the Vietnamese coast in the South China Sea

    Malaysian plane still missing, all search futile