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US, EU still in talks over Russia sanctions
Journal Staff Report

WASHINGTON, Jan 14 – The U.S. is putting pressure on European allies and partners to agree on potential sanctions against Russia worried about slow progress despite weeks of talks and heightened concerns the Russian president could soon invade Ukraine, Bloomberg reported.

On Thursday, National Security Advisor Jake Sullivan said the United States and Europe do not fully agree on what sanctions could be applied, the report said.

"Does that mean that the U.S. and Europe are going to have precisely the same list down to every last detail? No," Sullivan told journalists at the White House.

The parties are unanimous that in the event of an aggravation of the situation around Ukraine, Moscow will face "severe economic consequences."

The agency said the pressure on the allies underscore "a growing sense of impatience in the [U.S. President Joe] Biden administration about the European stance,” according to Bloomberg.

First, U.S. officials are unhappy that "European nations have not agreed on the exact sanctions they would roll out if Russia invades Ukraine."

In addition, "the U.S. worries European leaders are ill-prepared to respond if Putin takes actions that falls short of an all-out invasion, such as cyberattacks or stepped-up disinformation campaigns."

The difficulties in developing a unified approach to sanctions lie in the fact that it is not yet clear what measures Russia can take against Kyiv.

"Aside from sending troops into Ukraine, it could include any effort to engineer a coup against Ukrainian President Volodymyr Zelensky or other acts to destabilize his government," the publication said in the statement.

The U.S. and its European partners have been working on a package that could include measures targeting Russia's largest banks and export controls on advanced technologies in key industries and high-tech goods.

Some EU members raised the issue of the impact of such sanctions on their own economies. In particular, the termination of gas supplies by Russia is not ruled out. The unresolved problems discussed this week by the United States and the West with Russia have already led to the fact that natural gas prices in Europe rose by 16% on Thursday.

Some countries consider proposals to disconnect Russia from the SWIFT international payment system as unacceptable, the publication said.

The package of possible measures against Russia must be approved by all EU member states. One Bloomberg source believes that this package could be finalized at a meeting of EU foreign ministers on January 24. (bbg/ez)




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