U.S. Senate votes to step up sanctions against Russia


The U. S. Senate approved an amendment toughening sanctions against Russia on June, 14.

The amendment would sanction Russia for a variety of unlawful actions, including the annexation of Crimea, military aggression in eastern Ukraine and military involvement in Syria.

It may lead to imposing new sanctions on a number of sectors of Russia’s economy, as well as persons and companies involved in corruption, human rights violations, supplying weapons to Bashar al-Assad regime and cyber attacks.

The sanctions suggest tightening existing measures against Russia. According to the wording of the amendment, U.S. companies and individuals will be banned from dealing with Russian banks in funding for longer than 14 days. Currently, the period is limited to 90 days.

The amendment is expected to affect some Russian industries that were not subjected to sanctions before.

In addition, it introduces restrictive measures for the energy sector. The document suggests limiting the duration of transactions for financing of Russian energy companies to 30 days.

U.S. lawmakers voted 97-2. U.S. After the document is passed by the House of Representatives and adopted by the Congress, it will be sent to president Donald Trump wfor signing.  It also includes a new provision by which the U.S. president will not be able to weaken or cancel sanctions against Russia without the Congress’s consent.

The United States introduced sanctions against Russia in March, 2014 in response to the annexation of Crimea and the beginning of the war in Donbas. The sanctions have been repeatedly expanded.

belsat.eu, following Interfax Ukraine

TWITTER