RDIF head reacts to the threat of possible US and

EU sanctionscreates risks for their trillion-dollar investments in dollar instruments” Kirill Dmitriev

Sanctions against the Russian Direct Investment Fund (RDIF) and the largest Russian banks, the introduction of which, according to Bloomberg, are being considered by the US and the EU, will create serious risks for the United States itself, RDIF head Kirill Dmitriev said in an interview with Izvestia.

According to the head of the RDIF, the sovereign wealth funds of the world "are already in a rather nervous state, because they see that the constant printing of the dollar and the increase in US debt creates risks for their trillion-dollar investments in dollar instruments." He expressed the hope that there will be economists and financiers in Washington who will suggest that any action against sovereign funds could create very serious risks for the US financial system and the role of the dollar in the global economy.

Dmitriev added that RDIF is a non-political fund: “We invest a lot in non-political projects with actually 20 countries, we have created absolute trust with them.”

Bloomberg learned about the plan of sanctions against Russia with the restriction of currency exchange Politics

According to Dmitriev, due to competition and the desire to contain Russia, the fund “constantly creates quite a few obstacles,” but it continues to work. “Of the ten years of existence, at least the last seven or eight, we have been living in a constant atmosphere of pressure from a number of states that do not like the fact that Russia is building powerful partnerships with other countries,” he said.

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