"We had a short meeting with EU Trade Commissioner Cecilia Malmstrom. We have discussed the fact that we need to gradually move forward to the reduction of trade barriers," Oreshkin told reporters on Tuesday on the sidelines of the WTO conference.
Comment: Economic sanctions against Russia flop: First comprehensive study shows they hit EU much harder
The minister noted that this issue has already been raised at the meeting with EU Ambassador to Russia Markus Ederer, which took place last month.
"With the EU ambassador we have discussed that now we will prepare the lists of trade restrictions, which exist on the both sides and we will see how to move forward in order to improve the situation," Oreshkin said.
Brussels will likely include the restrictive measures, which Moscow imposed on the EU products in response to the bloc's sanctions, in its list of the trade barriers, the official noted.
"The European Union will definitely include [the Russian sanctions]. But the position of the Russian authorities, I think, is clear, there is nothing new," Oreshkin underlined.
The Eleventh Ministerial Conference of the World Trade Organization opened in Buenos Aires on Sunday and will last through Wednesday. The officials discuss the future of the global economy and pay attention to the issues of protectionism.
The relationship between Russia and the European Union deteriorated amid the internal conflict in Ukraine and Crimea's reunification with Russia. A number of Western countries imposed sanctions on Russia, with Moscow then introducing response measures and launching the policy to replace foreign imports with domestic products.
Comment: The hysterical pathocrats in the US won't be happy but it was an attack that was doomed to fail from its inception, meanwhile Russia continues to prosper whereas the EU economy has suffered greatly. And all that to appease their American masters whose own economy looks like it's going to implode:
- Sanctions fail: Russia's GDP expected to exceed $4 trillion for the first time ever
- Sanctions & cheap oil have turned Russia into a 'grain superpower'
- Unintended consequences: Western sanctions have strengthened Crimea's ties with Russia
- Oliver Stone on the anti-Russia sanctions: 'The US is screaming for some Karmic Boot up the a$$'
- Russia's economy continues to climb as foreign investments double in 2017
- Europe is in revolt against anti-Russia sanctions
- US debt surpasses historical $20 trillion mark
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