Friday, August 4, 2017

US SANCTIONS AGAINST RUSSIA - MOST UNHEALTHY SIGN FOR INTERNATIONAL TRADE



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 UGLY FACE OF SANCTIONS AGAINST RUSSIA EMERGES AGAIN

Sanctions has now become a tool to pressurise  , threat , force a particular country or group of countries by a country or group of countries. It has also become a tool to draw trade favours  . Economic sanctions are basically commercial and financial penalties applied by one or more countries against a targeted country . Economic sanctions are  used for achieving domestic and international goals & favours .

Economic sanctions are not necessarily imposed because of economic reasons only  but they may  be imposed for a variety of other reasons as well  , like  political, military, social , terrorism , or to  deal with   countries & leaders  like on Col. Gaddafi - Libya ,Iraq - Saddam Hussain , Syria - Asad.
Economic sanctions are also used  to impose or  guide foreign policy of other countries by many westerns blocks governments. Economic sanctions are usually imposed by a  powerful country upon a smaller and  weak country .

To cover up their deeds these countries raises  Commonly used excuses  e.g.  a threat to the security of the region or threat to humanity , country treats its citizens unfairly , chemical threats e.t.c. . Economic sanctions are have ultimately become as an alternative effective weapon to weaken the targeted country , instead , of going to war to achieve desired goals or objectives .
Recently , regime changes  have become  a  objective of economic sanctions.The recent examples were Col. Gaddafi , Saddam Hussain . But success of sanctions are  not always guaranteed , like President Asad of Syria .

The sanction not only affects the economy  of targeted country but it  also affects the economy of the imposing country too .The imposing country not only looses the market of Targeted country but it automatically  restricts the imposing country , that they can not Import desired goods from the Targeted country under  import restrictions . Ultimately  both Import and Export of imposing country also gets badly  affected by restrictions  , The imposing country also loses investments  opportunities from targeted country and loose market   to competing countries .

The US President Trump has finally signed the legislation and his reluctance to sign was clearly visible in his signing statement in which he called the legislation as  flawed. . He said , quote : In its haste to pass this legislation, the Congress included a number of clearly unconstitutional provisions,, including curbs on the president's ability to "negotiate" with Russia.: unquote . US President  accused the US Congress of sick mentality & dragging the relationship with Russia to an all-time low .It seems  US lawmakers has forced him to signing the bill which issues new additional economic sanctions against Russia.The new act also  strips the authority of the US presidential office to lift sanctions imposed on Russia by executive orders .This is too much . Probably never happened in US history .

This sanction has targeted the Russian energy sector specifically  and restricts on Russian weapons exporters as well .

This bill also constrains Trump's ability to waive the penalties  ?- A sign of of mistrust from the Republican-controlled Congress, .The sanctions aims at to penaliseRussia for allegedly meddling in the 2016 US presidential election and for Russia's annexation of Crimea.

President Trump said , quote :"I signed the bill which  represents the will of the American people to see Russia take steps to improve relations with the United States," unquote .

Expecting the signature, Moscow proactively ordered Washington to reduce its diplomatic presence in Russia to 455 people before September 1 to bring it at par with Russia in US .

These sanctions against Russia shall put the global stability at risk and will be dangerous and is short-sighted . Definitely Russia shall take retaliatory measures which will results to rise in tension .

Russian Prime Minister  also  lashed new US sanctions as a full-fledged economic war on Moscow.This will end all hope of mending healthy ties and shows US  President weakness . It's most  humiliating .

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China strongly opposes this unilateral sanctions imposed by US ,China said it is against any unilateral sanctions imposed by any country,Iran, too, reacted strongly .It's sick mentality of post WW II which is not going to change so easily.Moscow said the sanctions may lead to a full-scale trade war with the US, while European governments have threatened Washington with retaliation if it harms European business interests.

THIS SANCTION HAS CREATED AN UNEASE TENSION IN INTERNATIONAL ARENA .
IT IS STUPID ACT , NOT AN HEALTHY SIGN- THE US POLICING THE WORLD HAS LEFT UNSC DUMB & DEAF.

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