President of Russia Vladimir Putin said that sanctions against Russian would have negative impact at global economy.
President called anti-Russian sanctions a complete stupidity saying that they would have significant negative consequences for global economy.
Putin issued this statement on Thursday, October 2 during the 6-th annual investment forum VTB Capital ‘Russia calls!’. Session where the President participates is called ‘Development of Russia: in search of new possibilities’.
When answering the questions of participants of the forum Putin said that Moscow calmly treats restriction imposed on it. ‘One shouldn’t get hung up on this’, – he said.
At the same time, Putin believes that sanctions ‘violate fundamental principles of WTO, undermine confidence in international financial institutions and currencies’.