BIDEN TO IMPOSE NEW RUSSIA SANCTIONS, TOP AIDE SAYS

News Desk World

Tue 22 March 2022:

US President Biden will impose new sanctions on Russia during an upcoming trip to Europe, National Security Adviser Jake Sullivan has said.

“He will join our partners in imposing further sanctions on Russia and tightening the existing sanctions to crack down on evasion and to ensure robust enforcement,” Sullivan told reporters.

The top aide also said Biden will announce “joint action” to reduce Europe’s dependence on Russian gas. The US president banned Russian oil and gas imports in the United States earlier this month.

US Treasury deputy Europe-bound to coordinate Russia sanctions

US Deputy Treasury Secretary Wally Adeyemo will travel to Europe next week to coordinate on further measures to ramp up pressure on Russia, including targeting critical sectors of its economy, a Treasury Department spokesperson told Reuters.

Adeyemo will meet with counterparts responsible for sanctions in London, Brussels, Paris and Berlin between March 28 and April 1, the spokesperson said.

They are expected to also pursue efforts to find and seize assets of Russian elites through a newly created Russian Elites, Proxies and Oligarchs (REPO) Task Force.

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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