...

EU to Impose Serious Sanctions on Russia: Expert

Politics Materials 29 August 2008 17:34 (UTC +04:00)

Georgia, Tbilisi, 29 August / Trend corr. N.Kirtskhalia /Nodar Khaduri, an expert on economic issues, believes that serious sanctions will be taken against Russia at the special meeting of the European Union scheduled for 1 September. The EU heads do not know exactly what kind of sanction may be used against Russia.

"This is not a unilateral process. Europe thinks about which consequences may cause such sanction for itself. The refusal by Europe from Russia's oil products may turn to be the most severe strike on Russia," the expert said.

Khaduri did not rule out that sever sanctions may irritate Russia. "Russia feels irritation with the fact that the world community supports Georgia. Furthermore, Russia is annoyed that the community demonstrates its sever relation to the country in order to prevent the recent developments in Georgia," Khaduri said.

At the night of 8 August, large-scale military operations were launched in the self-declared South Ossetia republic. The Georgian troops entered Tskhinvali. Later the Russian troops entered the city and drove the Georgian forces back to the Georgian territory.

On 12 August, Russian President Dmitry Medvedev announced that he has decided to end operations to compel Georgia to peace.

The correspondent can be contacted at: [email protected]

Latest

Latest