The EU Council has officially approved the 17th round of sanctions against Russia. According to the announcement released by the EU, the new round of sanctions mainly targets Russia's energy, military, and financial sectors. Among them, major Russian oil and gas enterprises such as "Surgutneftegaz" and the Saint Petersburg Stock Exchange have been included in the sanction list.
It is reported that the EU's move aims to lower the price cap on oil, further curbing Russia's oil and gas revenue. It is worth noting that some companies from China and the UAE also appear on the EU's sanction list.
In response, the Chinese Foreign Ministry stated that the EU should stop practicing double standards on economic and trade cooperation with Russia and cease harming the legitimate interests of Chinese companies.
After years of sanctions, Russia has developed a series of coping skills. Now, Russia no longer cares, as sanctions are not having much effect anyway. In recent years, despite sanctions and war, Russia's economy has maintained growth rates above 4%, making it the fastest-growing country in Europe, while many EU member states' growth rates are less than 1%.
Russia's immense resilience has left the EU at a loss.
Original article: https://www.toutiao.com/article/1832746498138188/
Disclaimer: This article solely represents the author's viewpoint.