The sanctions that some G20 countries have taken against Russia run counter to the principles of G20, the Russian president, Vladimir Putin, reminded partners at the organisation’s\u00a0summit currently held in Brisbane, Australia.<\/p>\n
More importantly, Putin\u00a0said,\u00a0sanctions\u00a0run\u00a0counter\u00a0to international law.<\/p>\n
Such punitive measures\u00a0may only be introduced through the United Nations and its Security Council, he said.<\/p>\n
Moreover, they violate\u00a0WTO principles as well as\u00a0the General Agreement on Tariffs and Trade, the GATT.<\/p>\n
Ironically the\u00a0United States itself created the latter at a certain point, but it is currently crudely violating its principles.<\/p>\n
Regrettably, Putin said, today\u2019s world exists within a very narrow horizon of planning, in particular, in the sphere of politics and security.<\/p>\n
“Everybody lives from election to election. This is a very narrow planning horizon. It leaves no opportunities for taking a broader perspective, for looking into a more distant future. That\u2019s bad. But I hope that we shall discuss this,” he added.<\/p>\n
At the just-ended APEC summit, discussions were held\u00a0on international problems, sanctions and on bilateral problems\u00a0with most participants in attendance.<\/p>\n
President Putin reminded his audience tha the GDP of the BRICS countries calculated at the purchasing power parity is greater than that of the G7. The GDP of BRICS is $37.4 trillion, while that of the G7 is $34.5 trillion.<\/p>\n","protected":false},"excerpt":{"rendered":"
The sanctions that some G20 countries have taken against Russia run counter to the principles of G20, the Russian president, Vladimir Putin, reminded partners at the organisation’s\u00a0summit currently held in Brisbane, Australia. More importantly, Putin\u00a0said,\u00a0sanctions\u00a0run\u00a0counter\u00a0to international law. Such punitive measures\u00a0may only be introduced through the United Nations and its Security Council, he said. Moreover, they … Continue reading “Sanctions run counter to G20, international law, WTO, GATT”<\/span><\/a><\/p>\n","protected":false},"author":2961,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[837,1076,10546,3195,10548,8243,66,1061,745,9859],"class_list":["post-16876","post","type-post","status-publish","format-standard","hentry","category-news","tag-australia","tag-brics","tag-brisbane","tag-g20","tag-gatt","tag-international-law","tag-russia","tag-sanctions","tag-usa","tag-wto"],"cc_featured_image_caption":{"caption_text":false,"source_text":false,"source_url":false},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/16876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/users\/2961"}],"replies":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16876"}],"version-history":[{"count":1,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/16876\/revisions"}],"predecessor-version":[{"id":16877,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/16876\/revisions\/16877"}],"wp:attachment":[{"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}