The US State Department estimates that Russia lost $3 billion in cancelled contracts due to sanctions

Due to new US sanctions, Russia has lost contracts with a number of foreign countries amounting to more than $3 billion, according to Heather Nauert, an official representative of the US State Department's official.

"We are pleased that some countries have stopped the purchase of certain Russian materials and supplies. We believe somewhere north of $3 billion – we’ve been able to stop those transactions," Nauert said.

According to her, the United States warned countries around the world on the bill on Countering America's Adversaries Through Sanctions Act (CAATSA) and cautioned them against signing contracts with Russian enterprises in the defense-industrial sector. Nauert added that the United States would impose sanctions against countries, individuals, and entities that carry out transactions conflicting with CAATSA.

Earlier, Secretary of State, Rex Tillerson stated that the contracts for the purchase of Russian weaponry can harm allies of the United States. Washington also "expresses its concerns" to those countries that buy weapons from Russia, as "some states are considering them."

  Sanctions on Russia, US State Department