“The ban on trade in certain groups of goods and the restriction of financial transactions, the closure of ports and the threat of mass arrests of ships, the suspension of air and land communications - all this was aimed at undermining the Russian economy.

But in fact, it destabilizes the entire world economy, ”the press service of the Ministry of Economic Development quotes Reshetnikov.

He noted that sanctions lead to rising food prices and a deterioration in the well-being of people in developing economies.

Earlier, Russia's permanent representative to the UN, Vasily Nebenzya, said that the West is seeking to break the back of the Russian economy and isolate the country.

Russian Prime Minister Mikhail Mishustin noted that anti-Russian sanctions are an attempt to maintain the illusion of dominance of the United States and the entire West in the world.