Belarus lost $3 Billion in Russia-West sanctions battle: Lukashenko

Belarus’ leader and longtime Kremlin loyalist, Alexander Lukashenko, is again speaking out against Russia. Lukashenko said Belarus has lost nearly $3 billion as a result of the economic turmoil in Russia that has followed the annexation of Crimea, The Moscow Times reports. Russia’s ban on European food imports has impacted Belarus because many of the banned products had previously passed through Belarus on their way to Russia. Both the Russian and Belarusian economies shrunk by about 2 percent in first quarter of this year compared to the same period in 2014. Belarus is a member of Russia’s Eurasian Economic Union, but Lukashenko has become increasingly critical of Moscow since the onset of the Ukraine crisis.


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