Use of tough sanctions against Russia amounts to ‘war,’ but neither Washington nor Brussels prepared for battle, says Rostec CEO

The current sanctions

The current sanctions targeting Russia could be classified as a war against Moscow. However, neither the US nor the EU is ready for a conflict. That’s according to the CEO of Rostec, the country’s main technology conglomerate.

Speaking to business daily RBK, Sergey Chemezov said the current sanctions against Russia “definitely cannot be called soft,” noting that they have certainly had an effect on the economy.

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