WASHINGTON, October 11 (RIA Novosti) - Chances of Russia regaining access to foreign capital markets will remain slim in 2015, the country's Deputy Finance Minister Sergei Storchak said Friday.
"Markets are closed for us," Storchak said in an answer to journalists in Washington. The Russian deputy finance minister went to the United States this week to meet finance chiefs of the world's 20 biggest economies.
Speaking about the outlook for raising capital on Asian markets, Storchak said Moscow was going to "study them at first." "We have never been present there," he explained.
In early October, the nation's Finance Minister Anton Siluanov said chances were Russia would not be able to access EU and US capital markets in 2015 or even agree deals with Western partners for years to come.
The European Union and the United States have imposed several batches of sanctions on Russia over its alleged involvement in the Ukrainian crisis, a claim Moscow has repeatedly denied.
In July, Sberbank, VTB, Gazprombank, Vnesheconombank and Rosselkhozbank were barred from raising funds on European Union capital markets. Sanctions against Russian state-owned banks were also imposed by Australia, Canada, Switzerland and Japan.