02:48 GMT24 June 2021
Listen Live
    Get short URL
    Western Sanctions Against Russia (737)

    Italian Prime Minister Matteo Renzi reaffirmed his country's stance, saying that Italy would not support the automatic extension of sanctions against Russia.

    ROME (Sputnik) — Renzi added that he expected warming in the relations between Moscow and the West.

    The EU sanctions against Russia, prolonged several times since their introduction, are due to expire on July 31, 2016.

    Italian officials, including Renzi and Foreign Minister Paolo Gentiloni have repeatedly stated that the sanctions have a negative impact on the country's economy.

    Renzi said on Monday he would join a major economic forum in Russia's St. Petersburg in June.

    Earlier this month, Italian ambassador to Russia Cesare Maria Ragaglini said that Italy would be the first guest country in the history of the St. Petersburg International Economic Forum (SPIEF) in 2016. The next annual SPIEF forum, held under the auspices of Russian President Vladimir Putin, is scheduled to take place on June 16-18.

    "I will be in St. Petersburg on June 18, as I accept the invitation [by President Putin]," Renzi said at the Foreign Press Association news conference.

    Western Sanctions Against Russia (737)


    German Business Hungry to Return to Russian Market Despite Sanctions
    Russian Dairy Farmer's Booming Business Says 'Merci' for EU Sanctions
    Nearly 90% German Businesspeople Working in Russia for Sanctions' Lifting
    anti-Russian sanctions, European Union, Matteo Renzi, Russia, Italy
    Community standardsDiscussion