If the West imposes economic sanctions on Russia over its position on Crimea, the Just Russia party will raise the question of Russia’s withdrawal from the World Trade Organisation, Just Russia leader Sergei Mironov told journalists on Monday, according to ITAR-TASS.

“Russia’s withdrawal from the WTO will hit hard many countries in Europe and the Unites States,” he warned.

Mironov does not think that the sanctions might pose too big a threat to Russia.

“The promised sanctions do not frighten me at all,” – he said.

To recall, the United States and European Union have already announced sanctions aimed at punishing a handful of Russians and Ukrainians for their roles in destabilizing Ukraine.