14.6 C
Auckland
Friday, April 26, 2024

Popular Now

Former Russian president reveals what sanctions will mean for the world

The sanctions imposed on Moscow will lead to the collapse of international institutions, including the UN, Dmitry Medvedev says.

The massive sanctions that Western nations have imposed on Russia since the start of its military operation in Ukraine only further erode the existing system of international institutions and the authority of the UN, former Russian President Dmitry Medvedev said in a Telegram post on Friday.

Dmitry Medvedev news

Initially, the word ‘sanctions’ only applied to measures imposed by the UN Security Council, he argued, adding that everything Western nations call ‘sanctions’ today is nothing but unilateral restrictions that cannot be seen as sanctions under international law.

“This is nothing but infringement on the Russian Federation’s sovereign rights committed by certain nations and blocs,” he said, calling the sanctions illegal. The “unprecedented scale” of the restrictions placed on Moscow will only lead to the “collapse of all international institutions and primarily the UN,” Medvedev, who is currently the deputy head of the Russian Security Council, warned.

Further restrictions could also lead the system of international relations to “a dead end,” since relations between many nations will either be downgraded or broken, he said.

Medvedev also said the sanctions can be viewed as nothing short of aggression, since they are “aimed at disrupting a nation’s economic independence and, thus, its sovereignty.”

“In essence… it is a declaration of economic war,” he added, warning that these actions warrant self-defense measures.

“No one should doubt that Russia will use its right [to self-defense] through any means it deems necessary,” he said. Nevertheless, the sanctions will fail to achieve their stated goal of weakening Russia, according to Medvedev. He added that they are only likely to make the Russian people rally behind the nation’s leaders and to view the countries that imposed the sanctions as enemies.

“The result will be a destroyed world order and extremely heavy consequences for the global economy,” Medvedev warned, adding that by that time, “it will be clear to everyone that the supposed effectiveness of sanctions is an absolute lie.”

The comments were made as the EU announced a new round of sanctions against Russia. Earlier on Friday, the bloc said it would impose penalties against the financial and trade sectors, as well as an embargo on Russian coal. Oil and gas exports remained unaffected. On Thursday, Russia was also suspended from the UN Human Rights Council.

Image Credit: © Sputnik / Yekaterina Shtukina

Promoted Content

Source:RT News

No login required to comment. Name, email and web site fields are optional. Please keep comments respectful, civil and constructive. Moderation times can vary from a few minutes to a few hours. Comments may also be scanned periodically by Artificial Intelligence to eliminate trolls and spam.

3 COMMENTS

  1. It is probably good for the world if many of the international institutions such as IMF, WHO etc collapse. Many of these so called institutions have become puppets for the globalist agenda which works for the rich and not for the ordinary person. Many organisations that has “democracy” in its name were funded by CIA too. The current UN secretary general is too one sided and does not seem to believe in natural justice and do not verify the claims of Ukaraine which is just one party in the war. NATO is waging a proxy war and does it not violate the International Law? So many conflicts were started by US over the years and yet its leaders cannot be prosecuted in the International Court of Justice. US has sanctioned many of the judges of ICJ too.

  2. Our government called Russia warmongers in a recent press release. And yet the facts point to the USA as deserving that title. (And then some) The demise of the IMF, WHO and the UN can’t happen fast enough in my view.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

Trending

Sport

Daily Life

Opinion

Wellington
broken clouds
15.7 ° C
16.8 °
14.4 °
84 %
9.3kmh
75 %
Thu
16 °
Fri
16 °
Sat
14 °
Sun
15 °
Mon
15 °
-- Free Ads --spot_img