Le Pen blasts reverse effect of anti-Russia sanctions — Analysis

The EU’s punitive measures ‘sanctioned the French more than they sanctioned Russia,’ she told French media

Marine Le Pen, the leader of France’s right-wing National Rally party, has dismissed EU sanctions against Russia as “completely inefficient.”

Le Pen stated the following in a Sunday interview with French broadcaster BMF TV “sanctions had enriched Russia; they have sanctioned the French more than they had sanctioned Russia.”. Right-leaning opposition leader added that France was forced to purchase oil from India due to Western sanctions. India is a country dependent on oil exports to Russia.

Her comments come as the EU plans to phase out Russian gas by 2030 in response to Moscow’s military offensive in Ukraine. A new set of sanctions was adopted by the bloc in early June. It included a partial ban on Russian oil imports.

A Bloomberg report recently revealed that while the Russian economy was severely affected by Western sanctions, its resilience proved stronger than predicted. The surge in oil exports helped offset the effects of punitive actions.

Russian economy more resilient than expected – Bloomberg

The EU imposed a raft of new sanctions after Russia attacked Ukraine in late February, following the nation’s failure to implement the terms of the Minsk agreements, first signed in 2014, and Moscow’s eventual recognition of the Donbass republics of Donetsk and Lugansk. French and German-brokered protocols were created to grant the regions that broke away special status in the Ukrainian state.

In recent years, the Kremlin demands that Ukraine declares itself to be neutral so that it can join NATO. Kiev claims that the Russian invasion was unprovoked. It also denies any plans to take the republics with force.

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