Medvedev: consequences of sanctions cannot always be calculated in advance
NAYPYIDAW, Myanmar. Nov 13 (Interfax) - Russian Prime Minister Dmitry Medvedev believes that anti-Russian sanctions are putting pressure on the world's entire economic system.
"Artificial barriers in the form of economic sanctions and restricted access to international loan resources that Russia has recently encountered could put additional pressure on the entire financial and economic system. Meanwhile, it is not always possible to calculate all possible consequences and side-effects in advance," he said at the East Asia Summit in Myanmar.
The situation on global markets remains fragile, Medvedev added.
The G20 could well use the economic experience of the Asia-Pacific region, the prime minister said.
"In a few days in Australia, the G20 will continue to discuss ways to bolster the management of the global economy, including the role of national economic strategies," Medvedev said.
"Bearing in mind the Asia-Pacific region's leading role in restoring global growth and its success in implementing economic regions, the region's experience may well be used to formulate decisions," he said.
The East Asia Summit "has asserted itself as a one-of-a-kind platform for dialogue at the highest level, focusing on regional development issues because it helps consolidate approaches towards the creation of a new system of inter-state cooperation in the Asia-Pacific region," Medvedev said.
"The central role of such summits in these issues should increase further," he said.
