The new sanctions of the European Union are illegal and undermine the international legal prerogatives of the UN Security Council (UNSC), the Russian Foreign Ministry said on Friday
The unprecedented sanction pressure against Russia initially sought to crumble its economy and destabilize the domestic political situation. However, over the course of the last two years, the Russian economy has proven itself to be much more resilient than the US and the EU had hoped for.
The Europena Union approved a new sanctions package against Russia targeting international companies, including Chinese and India, that are supporting Moscow's war on Ukraine.
The European Commission is sticking to its position of excluding Russian agricultural products from the scope of the EU s sanctions packages, Olof Gill, a commission spokesman, said on Thursday