Russia has shown resilience and viability under Western sanctions, demonstrating it is not isolated and has partners working on mutual benefit, according to Deputy Foreign Minister Alexander Pankin at SPIEF. He stated Russia is a great power with vast economic potential, not just a 'gas station,' and is ready to overcome ongoing difficulties.
Russian Deputy Foreign Minister Alexander Pankin stated that Moscow observes Washington's plans to increase economic pressure not only on Russia but also on other countries and its partners. He noted that the export, transportation, supply, and sales of Russian products are being obstructed.
Russian Deputy Foreign Minister Alexander Pankin stated that the Middle East crisis, including situations in the Strait of Hormuz, Iran, Lebanon, Palestinian territories, Libya, Yemen, and Syria, could impact Central Asia, the South Caucasus, and the Caspian Sea regions due to their interconnectedness.
Russian Deputy Foreign Minister Alexander Pankin acknowledged that the restricted shipping in the Strait of Hormuz and the US naval blockade of Iran affect Russia, dismissing claims that Moscow benefits solely as an oil exporter. Speaking at the UN, Pankin warned that high prices depress demand while fuel and fertilizer costs are rising, making Russia vulnerable as an importer. He described the current situation as extremely difficult and comparable to major crises of the past 50-60 years.
Russian Deputy Foreign Minister Alexander Pankin said Russia always proceeds from the worst-case scenario regarding US sanctions, adding that Moscow wonders why Washington keeps extending exemptions. The comments came amid uncertainty about whether the US would extend a license allowing the sale of Russian oil loaded onto tankers before April 17, which was permitted until May 16.
Russia's Deputy Foreign Minister Alexander Pankin stated that Moscow does not face discrimination from Venezuela's new government and fully recognizes and respects the authorities. The statement comes amid claims that US military captured President Nicolas Maduro and his wife on January 3, charging them with drug trafficking. Delcy Rodriguez, former executive vice president under Maduro, now serves as head of state, with the US claiming it would take over interim administration.
Russia is prepared to provide additional oil supplies and other support measures to Cuba if necessary, Deputy Foreign Minister Alexander Pankin stated at the UN. The announcement comes after Cuba's situation deteriorated sharply following US blocking of fuel supplies at the end of January, causing multiple nationwide electricity grid failures in March.
Russia's Deputy Foreign Minister Alexander Pankin says the unpredictability of the Trump administration is the biggest problem in Moscow-Washington relations. He noted relations are at a low point, though direct contacts between the presidents in Anchorage were fruitful.
Russian Deputy Foreign Minister Alexander Pankin said Hungary will maintain normal relations with Russia despite the opposition Tisza party's landslide victory in the April 12 election, noting Hungarians are pragmatic and depend on Russian energy and nuclear production.
