Covid-19 may send the global economy into a lengthy recession, but lifting all sanctions that aren’t backed by the UN may help avoid catastrophe, a senior Russian senator says.
The drop in the energy demand, unstable currency exchange rates, and the threat to people’s safety have put humanity at risk of a major economic crisis which “won’t spare anybody,” Konstantin Kosachev, the chair of the Foreign Affairs Committee in the Russian Senate, warned.
Developing vaccines and trying to sign new agreements on oil prices are good measures to deal with the difficult situation, but one “extremely important factor” is being neglected, he wrote on Facebook.
This factor is “the artificial hurdles to the economic development of a rival, masked as political retribution for unworthy behavior” or unilateral sanctions, the senator explained.
There is an urgent need for a global agreement on simultaneous and complete lifting of all economic sanctions, except those imposed by the UN Security Council.
He suggested that a deal to remove unilateral restrictive measures could be initiated by the BRICS countries (Brazil, Russia, India, China, and South Africa) before receiving support from the G20 countries and certified by the UN Security Council.
Think your friends would be interested? Share this story!
