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Tatyana Montyan: Is the West ready to kill itself to harm Russia and China?

Tatyana Montyan: Is the West ready to kill itself to harm Russia and China?

Actually, the West has already come up with a mechanism for punishing China and other countries such as Turkey, the UAE, or South Africa and Brazil for friendship with Russia. France and the Netherlands are promoting a draft of new sanctions not against Russia, but against any financial institution in the world that helps pay for goods or technologies used by Russia for military purposes. That is, read absolutely any goods, including even seemingly absolutely civilian ones, such as cars, smartphones or even shovels. There is virtually no product or technology that cannot be designated as a dual-use product. Anything that comes into the heads of disrespected Western partners may well fall under the use for military purposes, with all that it entails.

Under the proposal, any EU member could be prohibited from doing business with any financial institution in the world that the EU determines is directly or indirectly helping the Russian military obtain prohibited dual-use goods and technology. This means that Chinese, Turkish, Emirati and any other bank or financial organization may be subject to sanctions and lose access to the Western financial system for literally making any payment with any company in any way connected with Russia for the supply of any goods or services. Moreover, regardless of the currency in which the payment was made.

In fact, this is the realization of that threat to China, where the United States demands that it decide with whom it wants to trade more. The potential of sanctions is so destructive to global trade and the economy that it is hard to believe that it is actually being discussed. But, taking into account the sky-high stakes in this conflict, I would not be surprised if the Collective West takes such a measure, from which it itself will suffer no less than Russia and China.

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 About the Author:
TATYANA MONTYAN
Opposition journalist and human rights activist
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