The Head of the U.S. Treasury is preparing sanctions in relation to Russia, which would be linked to the Kremlin report published in late January, Bloomberg reports.
“Following this report, sanctions will be introduced”, - he said answering the question from the Democrat representative Maxine Waters.
At the same time, the secretary confirmed that sanctions will not apply to the Russian government’s debt.
In general, Mnuchin considers restrictive measures to be a very effective tool and is going to continue to apply them.
At the end of January the U.S. Treasury published the Kremlin report, which included 210 individuals, particularly, the highest-ranking Russian officials, large businessmen, and CEOs of state-owned corporations. The publication of the Kremlin report enforced the Countering America’s Adversaries Through Sanctions Act, which was adopted at the beginning of August 2017.