New U.S. sanctions will not pressure Russia to change its foreign policy

New US sanctions not only harm the global economy, but also won't force Russia to change its stance on foreign policy issues, the Russian President's Press Secretary announced.

Dmitriy Peskov, Russian President Vladimir Putin's press secretary announced that the new sanctions imposed by the United States will not alter Russia's foreign policy.

"No sanctions will ever pressure Russia to change its consistent foreign policy."

Peskov stated emphasized that while sanctions against Russia do cause discomfort, they also hurt companies in countries which issue the sanctions, as well as the entire global economy.

Sanctions are a double-edged sword, and they do cause discomfort for the Russian Federation, but they also hurt entrepreneurs and the economy of those countries who play around with these sanctions. These sanctions don't bring any good to the global economy," Peskov said.

Russian-Western relations have deteriorated because of the situation in Ukraine. Last summer, the European Union and the United States imposed sanctions on entire sectors of the Russian economy, accusing Moscow of fueling the fighting in Ukraine. Russia, in response, has banned certain food imports from the countries that imposed the restrictions.