mo4ch:>Ukraine admits economy suffers dramatic losses thanks to anti-Russian policy | Mo4ch News

The massive decline in Russia-Ukraine trade has incurred major losses for the Ukrainian economy, according to Ukraine’s Federation of Employers which claims the financial damage is 13 times as much as losses suffered by Moscow.Anti-Russian rhetoric adopted by Kiev in recent years resulted in a drastic reduction of trade turnover between the neighboring states, and stripped Ukraine of 10 percent of its gross domestic product (GDP), according to Sergey Salivon, the head of the economic policy department at the business association.“Ukraine’s cross-border trade with Russia shrunk more than three times over five years through 2018,” the official said in interview with CapitalTV. “At the same time, our exports dropped more than four times as imports from Russia fell by less than three times.”The expert highlighted that those calculations do not include Ukraine’s purchases of Russian gas from Slovakia and other European countries.Also on rt.comUkraine sues Gazprom over ‘anticompetitive prac…