Voices from Russia

Thursday, 21 June 2018

Two-Thirds of Russians Felt No Impact of Western Sanctions

00 Russian food market. 27.12.14

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According to poll results released on Wednesday, most Russians polled by the all-Russia Public Opinion Centre (VTsIOM) (67 percent) felt no impact of anti-Russian sanctions whilst 24 percent of respondents said the restrictions affected their financial position. In its report, VTsIOM said:

The respondents assessed more unambiguously the impact of Western sanctions on their family’s financial position… 67 percent of them didn’t feel their effect. However, there can be clearly seen the share of those who spoke about negative implications… 24 percent across the sample (reaching 36 percent in respondents who assessed their financial position as low).

As the poll suggests, Russians are divided on the benefit or the harm of the sanctions for the Russian economy… 34 percent of those polled believe that sanctions had a beneficial effect compared to 30 percent of the respondents who held the opposite opinion whilst 20 percent of respondents saw no impact of sanctions on our economic development. Responding to a question about positive consequences of the sanctions, Russians noted a boost in the country’s economic development (50 percent) and import substitution (20 percent). Amongst negative implications, respondents singled out growth of prices and taxes (22 percent) and economic decline (9 percent). Generally, the issue of sanctions remains topical for Russians… 57 percent of those polled paid attention to it. In reply to a question about Russian counter-sanctions, 73 percent of respondents said that they supported an unyielding foreign policy without concessions to the West whilst 17 percent of those polled disagreed with that. Most respondents (78 percent) believed that Western countries suffer more from anti-Russian sanctions. Commenting on the poll results, VTsIOM head Valery Fyodorov said:

Almost four years after their imposition, anti-Russian sanctions don’t cause any special fear. Moreover, a considerable part of our respondents sees mostly positive economic consequences in them. Nevertheless, every fourth respondent sees negative implications from the sanctions for their own well-being and for the well-being of their close relatives.

The poll was on 10-11 June 2018. The error margin is 2.5 percent with a 95 percent probability.

In 2014, the EU and the USA imposed sanctions on Russia over developments in the Ukraine and Crimean reintegration with Russia and often broadened and extended them. The EU suspended talks on visa-free travel and a new basic cooperation agreement, imposed a ban on entry to the EU for officials from Russia, and froze their assets, as well as introducing restrictions in the trade, financial, and military spheres. Overall, the EU blacklisted 151 individuals and 37 companies. It imposed sanctions against 20 Russian financial, energy, and defence structures. In addition, the USA imposed a ban on the export of US goods, technologies, and services to the Crimea. It also banned US investments in the Crimea.

20 June 2018

TASS

http://tass.com/society/1010277

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