Tuesday, March 29 2022 14:48
Alina Hovhannisyan

Economist: EAEU should be ready for sanctions

Economist: EAEU should be ready for sanctions

ArmInfo. It is highly likely that the sanctions of the United States and the collective West will also affect the countries of the EAEU. Alexander Ageev, Doctor of  Economics, Head of the Eurasian Information and Analytical  Consortium, Director of the Institute of Economic Strategies of the  Russian Academy of Sciences, expressed a similar opinion, during the  video bridge: "The Role and Place of Russia and the EAEU in Modern  Conditions".

In this context, he referred to threats against Chinese companies  that will try to find solutions and supply their products to  sanctioned countries.

At the same time, the economist pointed to the loss of a significant  market share from companies that previously supplied a large number  of engineering, electronic products, and various components. As a  result, as Ageev pointed out, the corresponding dynamics of political  decisions will be visible from the potential of these companies,  industry associations. He conditioned his opinion by the absence of a  continuous sanctions front line, pointing out only certain exemptions  in the field of space, nuclear energy, medicines, and food. "But such  threats, and then the imposition of sanctions, should be expected, we  have to be ready for this," he concluded.