The Minister of Economy, Kreshnik Bekteshi, said Thursday that he does not know what sanctions Russia could impose on Macedonia after our country followed the example of the European Union and imposed sanctions on the Russian Federation after Putin’s invasion of Ukraine.

To be honest, I would not know to say. Although I could have some information that is confidential and the like. But they are not for the public. We said, and other colleagues say that the impact in terms of trade, the total we have is somewhere around 1.5 percent with Russia. It is the same with Ukraine, which should not directly affect the part of the trade exchange in the export and in the part of the import, said Bekteshi.

However, he says the military conflict could directly affect the price of electricity and gas on European stock exchanges.