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 U.S. Department of Treasury Does Not Exclude Extension of Sanctions Against Russia

U.S. authorities are willing to strengthen the restrictive measures against Russia if necessary.

Censor.NET reports citing Interfax-Ukraine. "We are ready to maintain the pressure (on Russia - Ed.) and increase it if necessary as long as Russia does not begin to comply with its obligations and until peace will be established in Ukraine again," U.S. Treasury's Under Secretary for Terrorism and Financial Intelligence David Cohen said. According to him, "there are any doubts that the sanctions against Russia have led to the considerable costs of Russian companies and the entire Russian economy." Treasury's Under Secretary added that the Russian companies included in the sanctions list faced serious problems, and many of them were forced to turn to the authorities for help.

Read also: EU May Drop Asset Freeze and Lift Sanctions Against Three Yanukovych Associates - WSJ

 
 
 
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