Problems between states should be solved not by imposing sanctions but through political agreements, Russian Finance Minister Anton Siluanov told CNBC.
"We are not in favor of sanction-swapping. Nevertheless, our MPs have drafted legislation that would allow us to introduce certain restrictions, both on exported goods and on goods imported into the country."
"Still, I would reiterate, any sanctions have a negative effect on the state of economies … I very much hope that these sanctions processes do not develop any further," he stressed in the interview.
"We need to talk, we need to find agreements, we need to look for ways out in order to solve problems not by imposing sanctions but through political agreements," Siluanov added.
