Spain’s trading with Russia is cut in half

Vladimir PutinSPANISH entrepreneurs are furious that trade between Russia and Spain has halved since the EU imposed crippling sanctions on Vladimir Putin’s government.

Yuri Korchagin, Russian Ambassador to Spain, said the trading volume between the two countries has dropped by 13bn euros since 2013.

“I have not met a single businessman who would say something in favour of the sanctions,” added. “I am sure that the business is not interested in its interests taken hostage by the political situation.”

Korchagin revealed that Spain’s sanctions-related losses had so far totalled 785m euros.

The sanctions were introduced by Brussels in response to Russia’s interference in the Ukraine’s political crisis.


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Posted by on Feb 24 2017. Filed under World News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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