Russia watching for new Western sanctions, says they would hit world economy

FILE PHOTO: Kremlin spokesman Dmitry Peskov waits before a signing ceremony following talks of Russian President Vladimir Putin and Chinese President Xi Jinping at the Kremlin in Moscow, Russia March 21, 2023. Sputnik/Vladimir Astapkovich/Kremlin via REUTERS

The Kremlin said on Friday it was monitoring reports of a possible ban on exports to Russia by Western countries, and that new sanctions would damage the global economy.

"We are carefully monitoring this, we are aware that both the U.S. and the EU are actively considering new sanctions," Kremlin spokesman Dmitry Peskov told reporters.