Russian Federation Council Speaker Valentina Matvienko said on Friday that Moscow has prepared retaliatory sanctions against Western countries.
"As for retaliatory sanctions, they are also prepared. They will not mirror the [West's] sanctions against Russia, but we are well aware of the weak points of the West, and we have also prepared a whole package of sanctions, which will be applied against those states who have sanctioned Russia", she told reporters.
The statement came after US President Joe Biden announced a slew of new sanctions against Russia, describing them as measures that would "impose severe costs on the Russian economy, both immediately and over time".
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