New US Anti-Russian Sanctions “Fly” Past the Target

On December 11th the US Congress is going to once again impose new anti-Russian sanctions in different sectors of the economy. This obsession with imposing restrictions on the Russian Federation is due to lobbying for its own business interests. In addition, the United States is avenging Russia for preventing the White House from stealing oil in Syria unabashedly.

However, such a policy of the United States towards the Russian Federation has long been exhausted. Chinese IT giant Huawei has been clearly shown what can happen if the country does not comply with US sanctions. As it turned out, nothing: Huawei Corporation is making confident steps around the planet, mastering new markets and successfully developing innovative technologies.

In one week the US Senate Foreign Relations Committee plans to hold a meeting and vote on new sanctions against Moscow. The Committee will consider a bill that provides for a number of restrictions on Russian representatives, cyber operations, and the export of reduced gas (liquified natural gas) in connection with alleged Russian interference in elections and with some other problems of Uncle Sam.

The US Congress plans to impose sanctions on companies from Germany and Switzerland that took part in the construction of a new direct gas pipeline from Siberia to Europe “Nord Stream-2“. It is understandable: the US wants to become the largest liquified natural gas exporter in the world. And Russia is a powerful competitor, especially in the European energy market. Last summer Trump announced plans for the EU to build 11 ports to receive American blue fuel.

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In addition to the economic prerequisites for a new set of anti-Russian sanctions, there are geopolitical ones: Russia is preventing the US from stealing oil in Syria. As early as October the Russian military exposed the illegal export of oil from Syrian fields by the US military. The United States, together with Kurdish terrorists, occupied the most oil-bearing territory of Syria, the Deir Ezzor province. And Washington’s profit from the smuggling of Syrian black gold is about $70-80 million a month, about $1.5 billion a year.

However, the White House has already imposed economic restrictions on Russian businesses so many times that in Russia everyone has long been used to it and adapted business processes accordingly. And the futility of such attempts to harm the Russian Federation has already been recognised even by the American congressmen themselves. Thus, US Deputy Secretary of State David Hale said that the main goals against Russia have not been achieved, and the “deterrence effect” is difficult to measure in general.

And the example of the Chinese IT company Huawei is also very typical in the context of the futility of any restrictions imposed on international business by Washington. After the imposition of anti-Chinese sanctions on the aforementioned telecommunications giant from China, Huawei simply abandoned American components and software, creating its own complete set of software and line of 5G gadgets.

And in Europe they ignored these sanctions against the Chinese in general. Subsequently, Huawei management signed more than 50 contracts for the supply of 5G to companies around the world, and 28 of them are countries of the Old World.

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The US sanctions turned out to be a shot in the foot – China perfectly completed the task of getting rid of American dependence on vital electronics, and now their companies have lost their exclusive status as suppliers to China. Such a process of import substitution has also taken place in the Russian economy, which has only strengthened in almost all industrial and production sectors.

A. M. Vasilevsky

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