Ukraine To Suffer Heavy Economic Losses Over Russian Retaliatory Measures - Lawmaker

Ukraine to Suffer Heavy Economic Losses Over Russian Retaliatory Measures - Lawmaker

Ukraine will suffer serious economic losses over Russia's retaliatory measures against Kiev, deputy chairman of the Russian Federation Council's Committee on International Affairs, Vladimir Dzhabarov, told Sputnik on Thursday.

MOSCOW (Pakistan Point News / Sputnik - 01st November, 2018) Ukraine will suffer serious economic losses over Russia's retaliatory measures against Kiev, deputy chairman of the Russian Federation Council's Committee on International Affairs, Vladimir Dzhabarov, told Sputnik on Thursday.

Earlier in the day, Russian Prime Minister Dmitry Medvedev signed a decree envisioning retaliatory economic restrictions against Ukrainian individuals and legal entities in response to Kiev's unfriendly actions.

"There will be very heavy, serious losses for the Ukrainian economy. Our trade has been only growing in recent years, against all odds, and it was Ukraine that was benefiting from it," Dzhabarov said.

He added that the decree also envisioned Russia-produced goods deliveries to third states bypassing Ukraine.

"This will cause damage to the Ukrainian economy as well," Dzhabarov noted.