Aras Agalarov says that sanctions are always bad

 

The sanctions against Russia which were accepted within this year by the western countries negatively affect a condition of the Russian business, the president and the owner of CrocusGroup group of companies Aras Agalarov noted in conversation with the correspondent of "the Vestnik Kavkaza", commenting on influence of the international political crisis round Ukraine and the anti-Russian measures taken in its framework on economy of the Russian Federation.  The growing dollar rate causes fears as well. As a result, according to Aras Agalarov, it becomes more difficult to be engaged in business in the country. The businessman also skeptically estimated prospect of transformation of Russia in an autarchy when building sanctions against it.

 

The sanctions against Russia which were adopted this year by western countries negatively affect the stateo of Russian business, the president and the owner of the CrocusGroup group of companies Aras Agalarov noted in conversation with a correspondent of Vestnik Kavkaza, commenting on the affect of the international political crisis round Ukraine and the anti-Russian measures taken in its framework on the economy of the Russian Federation.

 

The growing dollar rate causes fears as well. As a result, according to Aras Agalarov, it becomes more difficult to be engaged in business in the country.

 

The businessman also skeptically estimated the prospects of transforming Russia into an autarchy when imposing sanctions against it.