He said this in the Studio West with Antin Borkovskyi program on Espreso TV.
"Sanctions could be intensified. The sanctions will never work perfectly. There will always be evasion of sanctions. However, that doesn't mean sanctions don't work. It means that they are imperfect. Imperfect sanctions are reality, but they can hurt the Russian economy as they are doing. And we are to increase the sanctions. I've written an article recently which suggests how. Basically there are more financial sanctions," he said.
According to him, it is necessary to manage oil price restrictions even more effectively and to prosecute those who supply banned technologies to Russia.
"It is difficult. It is imperfect but we need to do this. Let's not forget the experience of the Soviet economy. The sanctions against the Soviet economy were inconsistent and flawed but the Soviet economy failed. It failed. We must not forget this lesson," the expert noted.