Business news from Ukraine

UNITED STATES COULD BROADEN SANCTIONS AGAINST RUSSIA

21 March , 2022  

The United States may further expand sanctions against Russia, U.S. Deputy National Security Adviser for International Economics Daleep Singh said in an interview with CBS News.

“We can broaden our sanctions. So – take the measures, take the sanctions we’ve already applied, apply them in more targets. Apply them to more sectors. More banks, more sectors that we haven’t touched,” Singh said.

According to him, the sanctions may affect “the commanding heights of the Russian economy.” “It’s mostly about oil and gas, but there are other sectors too,” he said.

Speaking about the possibility of lifting sanctions against Russia, Singh stressed that “we’re nowhere near that point.”

He believes that “the first thing he has to do is to stop – a reckless and barbaric attack on the civilians of Ukraine. That’s not happening.”

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