ST PETERSBURG, Russia May 24 Russian Economy
Minister Alexei Ulyukayev said on Saturday he was confident that
the European Union would refrain from imposing sanctions that
could hit some of the country's major exports.
European Union leaders are to discuss next week a series of
steps they could take against Russia if there are disruptions to
Ukraine's presidential election on Sunday.
The measures, including restrictions ranging from luxury
goods imports to an oil and gas ban, envisage three scenarios -
low-intensity, medium-intensity and high-intensity sanctions.
"I sincerely believe that it will not come to the adoption
of these measures," Ulyukayev told journalists on the sidelines
of the St Petersburg International Economic Forum.
(Reporting by Darya Korsunskaya; Writing by Lidia Kelly)