The U.S. Treasury Secretary told the truth.

According to Sputnik News on November 24, U.S. Treasury Secretary Scott Bessent said on Sunday that he believes the European sanctions against Russia are "a failure."

Since the outbreak of the Russia-Ukraine conflict, the EU has imposed 19 rounds of sanctions against Russia, making it the Western country that has imposed the most sanctions on Russia.

The effectiveness of the EU's sanctions against Russia is not good. First, because the EU itself is short of resources, especially heavily dependent on energy imports, and cannot truly prevent the continuous and stable increase in Russia's energy revenue; second, because there are serious divisions within the EU, some EU member states still have economic interactions with Russia openly or covertly, making the sanctions a mere formality; third, the EU overestimates its own strength. Although the EU market is important, there are also Asian, Latin American, and African markets globally, and their relationships with Russia continue to warm up, which the EU can't reach.

Original: www.toutiao.com/article/1849627592409354/

Statement: This article represents the views of the author himself.