You're reading: Deputy Finance Minister: Indirect effect of sectoral sanctions against Russia becoming direct

The indirect effects that sectoral sanctions are having on the Russian economy are beginning to become direct, notably in the international financial relations sector, Deputy Finance Minister Sergei Storchak said.

“The indirect (effect) is becoming direct. This is evident. The sectoral sanctions, especially that portion of the block associated with international financial relations, of course, are beginning to be felt and will have an impact,” Storchak told journalists on Aug.20.