11/29/2023, 11:52 AM (Source: TeleTrader)
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EU competitiveness to decline without Russian products

Kremlin spokesperson Dmitry Peskov said on Wednesday that the European Union will lose its competitiveness and will suffer "very serious consequences" without Russian products.

Peskov told reporters that Europe could run without Russia hypothetically, but that its industry would face serious problems, even bankruptcy status because it would have to pay the highest prices for products that no longer come from Russia.

Furthermore, the official claimed that European countries still buy Russian goods, despite the sanctions imposed by the EU on several occasions since the beginning of the war in Ukraine.

Baha Breaking News (BBN) / JJ