US looking for new sanctions against Russia

Source : 112 Ukraine

Both Republicans and Democrats in the U.S. Congress accused President Donald Trump of being soft on his Russian counterpart, Vladimir Putin
11:41, 22 February 2018

Open source

The United States Trump Administration is considering new anti-Russian sanctions in response to election meddling and a massive cyber-attack last year, senior U.S. officials said on Wednesday. This was reported by Reuters.

Both Republicans and Democrats in the U.S. Congress criticized President Donald Trump for not punishing Moscow and accused him of being soft on his Russian counterpart, Vladimir Putin.

Their recrimination followed a decision by the Trump administration in January not to announce sanctions against Russia for now under the new law.

The officials said a review is well underway at what more can be done in response to the meddling. They said they are also looking ahead to the potential for tampering in the 2018 midterm congressional elections next November.

“The process on sanctions is long; it’s arduous; it’s not pretty, but when the evidence is there and we’re ready, we go ahead with the sanctions,” one official said.

Related: EU extends sanctions for annexation of Crimea for six months, - Jozwiak

The officials said there is an active review underway on how to respond to last week’s designation of Russia as responsible for the devastating “NotPetya” cyber attack last year.

As it was reported earlier the National Bank of Ukraine believes that the sanctions against banks with Russian state capital, expiring on March 16, should be prolonged, according to Vitaliy Vavryshchuk, the Head of the National Bank Financial Stability Department said. He also mentioned that the presence of banks with Russian capital within the banking sector is decreasing by all indicators.

According to him, exit from market can be done not only through the sale of financial institutions, but also through balance compression and departments shut-down. One of Russian banks stated this recently.

Related: European court lifts sanctions against former Ukrainian official

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