US imposes sanctions against the national debt of Russia
Recently we Reportedhow Washington decided to punish Moscow by imposing sanctions against Russia's public debt and that these restrictions from themselves represent. And now, from the US State Department, they informed the public that the second package of US sanctions should limit non-ruble debt financing from US banks for Russia.
This was stated by the head of the press service of the State Department, Morgan Ortagus (Morgan Ortagus), connecting it with the "case of poisoning the Skripals." It is specified that these measures should limit Russia's access to “billions of dollars,” as part of bilateral commercial activities with the United States.
- said in a statement a former employee of the United States Agency for International Development (USAID), which in April 2019 was appointed to the State Department.
Thus, the United States is trying to cut Russia off the possibility of taking loans in the West, as this will not be limited to US banks. After all, we are talking about dollars, which are printed in the stronghold of "democracy." Sanctions will enter into force immediately after official publication in the Federal Register. This should happen, tentatively, on August 19, 2019. Sanctions will be valid for at least 12 months, but given experience, we can confidently say that they will be extended.
- emphasized Ortegus.
We are talking about a "series of conditions" specified in US law on the control of chemical and biological weapons and the prohibition of their use of 1991. It is noted that, in the interests of US national security, "it is necessary to introduce partial exceptions regarding restrictions on bank loans and exports."
We remind you that on August 2, 2019, US President Donald Trump, by his decree, introduced the second package of sanctions against Russia “in the Skripals case”. In Moscow, Washington’s actions have already been called a demonstration of the doom of sanctions pressure (pressure) on Russia.
This was stated by the head of the press service of the State Department, Morgan Ortagus (Morgan Ortagus), connecting it with the "case of poisoning the Skripals." It is specified that these measures should limit Russia's access to “billions of dollars,” as part of bilateral commercial activities with the United States.
These sanctions will limit Russia's access to the multilateral banking system of development, the US market for primary issues not denominated in rubles sovereign debt obligations of Russia, not denominated in rubles debt financing, as well as products of American origin, which are strategically important for Russian programs for the development of chemical and biological arms
- said in a statement a former employee of the United States Agency for International Development (USAID), which in April 2019 was appointed to the State Department.
Thus, the United States is trying to cut Russia off the possibility of taking loans in the West, as this will not be limited to US banks. After all, we are talking about dollars, which are printed in the stronghold of "democracy." Sanctions will enter into force immediately after official publication in the Federal Register. This should happen, tentatively, on August 19, 2019. Sanctions will be valid for at least 12 months, but given experience, we can confidently say that they will be extended.
Sanctions can only be lifted after a 12-month period, if the executive determines that Russia has fulfilled a number of conditions, and then convinces Congress
- emphasized Ortegus.
We are talking about a "series of conditions" specified in US law on the control of chemical and biological weapons and the prohibition of their use of 1991. It is noted that, in the interests of US national security, "it is necessary to introduce partial exceptions regarding restrictions on bank loans and exports."
We remind you that on August 2, 2019, US President Donald Trump, by his decree, introduced the second package of sanctions against Russia “in the Skripals case”. In Moscow, Washington’s actions have already been called a demonstration of the doom of sanctions pressure (pressure) on Russia.
- https://twitock.com/USEmbassyKG
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