“The effects of the blockade proved counterproductive as raw materials and machine tools were in short supply and sales outside of Europe were never replaced,” he wrote in an article for Le Figaro.

Rouge added that Britain, under the blockade, established trade with overseas countries. 

Earlier, French banker Philippe Villein said that sanctions against Russia, which is an important supplier of energy resources, are leading the European Union to death.

The official representative of the Russian Foreign Ministry, Maria Zakharova, said that the anti-Russian measures of the European Union contribute to an increase in prices for agricultural products and hydrocarbons on world markets.