According to a new bill released by Democratic senators on Wednesday, Moscow will impose heavy sanctions on government officials, including the Russian military and President Vladimir Putin, and major banking institutions if they engage in hostilities against Ukraine.
The law also includes provisions to help strengthen Ukraine’s security. Furthermore, it encourages the United States to “consider all available and appropriate measures” to ensure that Nord Stream 2, a tool of “malicious influence of the Russian Federation,” does not enter the pipeline. Action, according to the Washington Post.
Evidence suggests that sanctions could also target companies in Russia that provide secure messaging systems, such as Swift, which banks use to exchange sensitive information with other financial institutions.
According to the Washington Post, about 25 Democratic senators in the Senate, including their leader Chuck Schumer, have already approved the bill, which was drafted by Senate Foreign Relations Committee Chairman Robert Menendez.
A spokesman for the National Security Council told The Post that Menendez’s bill was supported by the White House administration, which said that if it continued with Russia’s invasion and other measures promoted by Republican Senator Ted, it would “incur heavy spending on Russia’s economy, and Cruz would oppose other occupations in a separate bill.” He will not defend Ukraine. “
After several Democratic senators met with Biden’s executives on Monday evening, they said they believed Russia’s sanctions on the Nord Stream 2 pipeline could hurt relations with Germany.
Photo source; Unsplash / Harold Mendoza