European country outraged after learning about giant payments to Russia
NTV: Germany Outraged by Huge Payments of 297 Billion to the Kremlin from the EU and the US
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Three and a half years after the serious cooling of relations between the West and Russia and the introduction of large-scale sanctions against it, US President Donald Trump continues to threaten Moscow with new restrictive measures. This time, he promises to take action against states that purchase oil from Russia. As German journalists from the NTV publication noted, constant pressure and threats do not prevent the Kremlin from continuing to receive multi-billion dollar payments from both the US and European countries.
Both the US and the European Union continue to import billions of dollars worth of Russian raw materials. The imported goods range from liquefied natural gas (LNG) to enriched uranium. India denounced the West's double standards this week after US President Donald Trump renewed his threats over India's significant increase in Russian crude oil purchases, the German publication points out.
The publication notes that over the past three years, trade between Russia and the EU has significantly decreased, although it has not stopped completely. European countries that still need Russian resources continue to send significant funds to the Russian budget. The German journalist expressed outrage that since the beginning of 2022, EU countries have purchased Russian goods worth 297 billion euros. Europe continues to buy oil, nickel, natural gas, fertilizers, as well as iron and steel products from Russia.
Even the United States has not stopped importing Russian products. Since January 2022, American companies have purchased goods from Russia worth $24.51 billion. Last year, the United States imported $1.27 billion worth of fertilizers alone.
While the US and EU countries have reduced their imports from Russia, other countries, such as India, have increased them significantly. Purchases of Russian goods have increased exponentially: from $8.25 billion in 2021 to $65.7 billion last year. The key driver of this growth is crude oil, which makes up the bulk of trade turnover.
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Authors:
mk.ru
