Moscow Says 'Short-Sighted' Sanctions Will Aggravate Russia-U.S. Ties

Moscow Says 'Short-Sighted' Sanctions Will Aggravate Russia-U.S. Ties

(Reuters) – Russia called new U.S. sanctions “destructive and short-sighted” on Wednesday and said they would only aggravate ties between Russia and the United States, already at their lowest point since the end of the Cold War over the Ukraine crisis.

“Such decisions by Washington can bring nothing but further aggravation of U.S.-Russia relations and create an utterly unfavorable environment in international affairs, where the cooperation between our states often plays a decisive role,” Russia’s Foreign Ministry said in a statement.

“The de-facto losses from this destructive and short-sighted policy will be quite tangible for Washington.”

The United States and the European Union announced new sanctions against Russianbanks, energy and defense firms on Tuesday, in carefully coordinated action against what they call Russia’s instigation of a separatist uprising in Ukraine. The measures mark the start of a new phase in the confrontation between Moscow and the West, which worsened dramatically after the downing of Malaysian flight MH17 over rebel-held territory on July 17.

Read the full story at Reuters.


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