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Western economic pressure on Russia 'has failed' - Former US State Dept counterterrorism analyst at SPIEF٠٠:٠٥:٥٨
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Former US state department counterterrorism analyst Scott Bennett claimed that West’s attempt to apply pressure on Russia economically 'has failed', speaking on the sidelines of the 27th St Petersburg Economic Forum on Thursday.

"Russia is self-reliant, Russia is independent. It has its own natural resources, it’s a homogeneous society, it’s more tribal, so it’s not as fractured as the United States is," Bennett said, adding: "Everything the West is been trying to do economically - the sanctions, the weaponisation of the dollar - it really has failed."

Meanwhile, Slauzy Zodwa Mogami, founder of 'Ladies in the Frontline' South African organisation, noted that attempts to isolate Moscow only act to increase 'people’s curiosity about Russia'.

"We see more of what’s supposed to work against Russia actually working for Russia. So, and there is more interest, the trade interest is growing, we see more products in Africa from Russia than we did before," she added.

Director of Indonesian National Archives' maritime department Rahakundini Bakrie Connie said that the sanctions imposed by Western countries against Russia were a 'very big, wrong decision'.

"They hope Russia will fall apart, especially with sanctions and everything, but one thing they forgot is that Russia is a very resilient country with the leadership of President Putin that brings not only him but brings all the nation to believe that they have to keep moving on," she continued.

The US, EU and others sanctioned Moscow following the 2022 Ukraine conflict. Russia condemned the action, claiming that such restrictions would only 'boomerang' on those trying to impose them.

SPIEF 2024, taking place from June 5-8, includes participants from over 136 countries. Since its inception in 1997, the forum has served as a platform for international dialogue on economic matters, with the patronage and participation of the Russian Federation's president since 2005.

Since the start of the military offensive, around 60 countries joined with EU and US sanctions policies on Russia.

Last month, Russian Foreign Ministry spokesperson Maria Zakharova stated that more than 20,000 restrictions were already in place, targeting finance, defence, energy, transport, technology, culture, science, and industry. Additionally, a number of sanctions have been imposed on specific individuals and organisations.

Russian presidential spokesperson Dmitri Peskov claimed that restrictions will only 'boomerang' on those attempting to impose them.

Western economic pressure on Russia 'has failed' - Former US State Dept counterterrorism analyst at SPIEF

Russian Federation, St. Petersburg
يونيو ٧, ٢٠٢٤ at ٠٧:١٥ GMT +00:00 · Published

Former US state department counterterrorism analyst Scott Bennett claimed that West’s attempt to apply pressure on Russia economically 'has failed', speaking on the sidelines of the 27th St Petersburg Economic Forum on Thursday.

"Russia is self-reliant, Russia is independent. It has its own natural resources, it’s a homogeneous society, it’s more tribal, so it’s not as fractured as the United States is," Bennett said, adding: "Everything the West is been trying to do economically - the sanctions, the weaponisation of the dollar - it really has failed."

Meanwhile, Slauzy Zodwa Mogami, founder of 'Ladies in the Frontline' South African organisation, noted that attempts to isolate Moscow only act to increase 'people’s curiosity about Russia'.

"We see more of what’s supposed to work against Russia actually working for Russia. So, and there is more interest, the trade interest is growing, we see more products in Africa from Russia than we did before," she added.

Director of Indonesian National Archives' maritime department Rahakundini Bakrie Connie said that the sanctions imposed by Western countries against Russia were a 'very big, wrong decision'.

"They hope Russia will fall apart, especially with sanctions and everything, but one thing they forgot is that Russia is a very resilient country with the leadership of President Putin that brings not only him but brings all the nation to believe that they have to keep moving on," she continued.

The US, EU and others sanctioned Moscow following the 2022 Ukraine conflict. Russia condemned the action, claiming that such restrictions would only 'boomerang' on those trying to impose them.

SPIEF 2024, taking place from June 5-8, includes participants from over 136 countries. Since its inception in 1997, the forum has served as a platform for international dialogue on economic matters, with the patronage and participation of the Russian Federation's president since 2005.

Since the start of the military offensive, around 60 countries joined with EU and US sanctions policies on Russia.

Last month, Russian Foreign Ministry spokesperson Maria Zakharova stated that more than 20,000 restrictions were already in place, targeting finance, defence, energy, transport, technology, culture, science, and industry. Additionally, a number of sanctions have been imposed on specific individuals and organisations.

Russian presidential spokesperson Dmitri Peskov claimed that restrictions will only 'boomerang' on those attempting to impose them.

Description

Former US state department counterterrorism analyst Scott Bennett claimed that West’s attempt to apply pressure on Russia economically 'has failed', speaking on the sidelines of the 27th St Petersburg Economic Forum on Thursday.

"Russia is self-reliant, Russia is independent. It has its own natural resources, it’s a homogeneous society, it’s more tribal, so it’s not as fractured as the United States is," Bennett said, adding: "Everything the West is been trying to do economically - the sanctions, the weaponisation of the dollar - it really has failed."

Meanwhile, Slauzy Zodwa Mogami, founder of 'Ladies in the Frontline' South African organisation, noted that attempts to isolate Moscow only act to increase 'people’s curiosity about Russia'.

"We see more of what’s supposed to work against Russia actually working for Russia. So, and there is more interest, the trade interest is growing, we see more products in Africa from Russia than we did before," she added.

Director of Indonesian National Archives' maritime department Rahakundini Bakrie Connie said that the sanctions imposed by Western countries against Russia were a 'very big, wrong decision'.

"They hope Russia will fall apart, especially with sanctions and everything, but one thing they forgot is that Russia is a very resilient country with the leadership of President Putin that brings not only him but brings all the nation to believe that they have to keep moving on," she continued.

The US, EU and others sanctioned Moscow following the 2022 Ukraine conflict. Russia condemned the action, claiming that such restrictions would only 'boomerang' on those trying to impose them.

SPIEF 2024, taking place from June 5-8, includes participants from over 136 countries. Since its inception in 1997, the forum has served as a platform for international dialogue on economic matters, with the patronage and participation of the Russian Federation's president since 2005.

Since the start of the military offensive, around 60 countries joined with EU and US sanctions policies on Russia.

Last month, Russian Foreign Ministry spokesperson Maria Zakharova stated that more than 20,000 restrictions were already in place, targeting finance, defence, energy, transport, technology, culture, science, and industry. Additionally, a number of sanctions have been imposed on specific individuals and organisations.

Russian presidential spokesperson Dmitri Peskov claimed that restrictions will only 'boomerang' on those attempting to impose them.

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