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Reported G7 Ban on Exports to Russia to Hit Global Economy, Moscow Warns

© Sputnik / Maksim BlinovA general view shows the Soviet era skyscraper on Kotelnicheskaya Embankment of the Moskva river, Foreign ministry headquarters, Radisson Royal Hotel Moscow, the Christ the Savior cathedral and the Kremlin, with the Moscow International Business Centre, also known as "Moskva-City", seen in te background, in Moscow, Russia
A general view shows the Soviet era skyscraper on Kotelnicheskaya Embankment of the Moskva river, Foreign ministry headquarters, Radisson Royal Hotel Moscow, the Christ the Savior cathedral and the Kremlin, with the Moscow International Business Centre, also known as Moskva-City, seen in te background, in Moscow, Russia - Sputnik India, 1920, 21.04.2023
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MOSCOW (Sputnik) - The alleged ban on the export of almost all goods to Russia, which was reportedly discussed by the G7 countries, will hit the global economy and may lead to an increase in crisis trends in the world, Kremlin spokesman Dmitry Peskov said on Friday.
Earlier in the day, the Kyodo news agency reported citing sources in the Japanese government that the G7 countries were considering imposing a ban on the export of almost all goods to Russia.
"In any case, both the current sanctions that have been imposed against our country and the new additional steps that Brussels and Washington are probably thinking about now, of course, will also hit the global economy. Therefore, this can only lead to an increase in tendencies towards the global economic crisis," Peskov told reporters.
Moscow understands that the European Union and the United States are considering imposing new sanctions against Russia, so it is monitoring the situation very carefully, Peskov added.
In addition, he recalled that "no country in the world has ever faced such a volume of sanctions" as Russia, adding, however, that the country is "adapting, evolving, and working on long-term development plans."
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