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#Commentary of Olga Makeyeva on economic consequences for Europe of providing political support to Ukraine

The Kiev regime, led by Poroshenko, for which war in the context of economic, social and energy crisis is a means of survival, uses militant and sanction rhetoric to avoid the implementation of commitments under the Minsk agreements.

The Contact Group’s meetings have not brought practical progress in the settlement of the conflict since the beginning of 2017, although they have made it possible to move forward on an issue of prisoner exchange. However, when the issue of exchange was practically agreed on, the Ukrainian side again avoided the implementation of the agreements previously adopted. This was done against the backdrop of a signing by the American president of a law imposed on him by the United States Congress that would strengthen sanctions against Russia. This fact caused a wave of acclaim among the Ukrainian political elite, which was presented as another ‘victory’ over an ‘aggressor’. And Poroshenko quickly told the whole world that he had personally agreed with the President Trump to impose new sanctions against Russia. However, Poroshenko and his team are very reticent about how this will help to solve social and economic problems of Ukraine and unfolding political crisis.

The statements of the Foreign Ministries of “Normandy Format” member countries as Germany and France were a fly in the ointment, which expressed their views on the United States sanctions law in a rather rigid form. This law threatens the safety of the Russian energy resources’ delivery to the European market, which may have a negative impact on the EU’s economy as a whole. In fact, Europe is proposing to abandon the construction of “Nord Stream 2” gas pipeline and to make its well-being dependent on unpredictable and unstable Ukraine.

After three and a half years of sanctions against Russia, as well as the loss of hundreds of billions of dollars, millions of job losses, it is safe to say that the support of Ukraine proved costly to Europe. The European Union has a difficult choice to make: whether to follow its political statements or to be guided by economic interests. The first option is to plunge into chaos together with Ukraine; the second one is the elimination of the cause of sanctions, that is, the conflict in Donbass, which means the implementation of the Minsk agreements. Europe still has time to think carefully and to take a right decision to end the conflict and to promote peace in our land in practice rather than in words.

Olga Makeyeva, the Deputy Chairman of the DPR People’s Council

The official website of the DPR People’s Council

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