Under President Joe Biden’s administration, the United States has failed to impose effective sanctions against Russia, House Foreign Affairs Committee member Darell Issa said at a hearing in Congress today.
“For the past three and a half years we have not introduced any effective sanctions, because the most effective sanctions are not the SWIFT financial transfer system, but oil, which we must stop.” — Issa said, as quoted by RIA Novosti.
Restrictions on the supply of Russian energy resources to the world market are the only type of sanctions that act against the Russian Federation, but the US authorities were unable to cope with this task, the congressman said.
“Russia is under sanctions, but has increased its exports (of oil. – Red.) return to its full production volume. In other words, nothing is being held back,” Issa stressed.
as it was transmitted EADailyThe permanent representatives of the EU countries will consider extending anti-Russian sanctions at a frequency less than every six months, so that their validity period could be increased to 36 months, the Financial Times reported.
According to its information, the European Commission also does not rule out the indefinite nature of the current restrictions against the Russian Federation. The decision to review the frequency of the extension of sanctions is due to the demands of the United States, which is ready to participate in providing a loan to kyiv worth $50 billion using the proceeds from Russian assets in the G7 only if it receives guarantees that these funds will not be unfrozen in the near future, TASS reported.
