The US Senate should consider two escalatory sanctions options that are planned for this fall. The proposal was made by Daniel Fried,the former coordinator for sanctions policy of the United States Senate Committee on Banking, Housing, and Urban Affairs.

"Escalatory options can include two types: intensified sectoral sanctions targeting specific sectors such as finance, energy, defense/dual use technology, and cyber; and additional sanctions against individuals, particularly those close to Putin", - Fried noted.

“Within sectoral sanctions, there remains plenty of reasonable escalatory headroom, especially in finance and cyber”, he said.

Fried also believes that “there may be escalatory room in the energy sector, but the US should be careful not to target current energy production. Doing so could panic markets and drive up prices”.  

As was reported, in early August, the US President Donald Trump signed the draft bill on new sanctions against Russia, Iran and North Korea.

The Prime Minister of Russia Dmitry Medvedev, in turn, stated that with the new package of sanctions, Washington declared a full-fledged trade war agsints Moscow for decades to come.

The USA plans to impose new anti-Russian sanctions before the elections in November.  The new sanction will include introduction of restrictive measures against Russian state Banks and new Russian national debt issues. It was reported that Russia has started developing a protection plan against the American sanctions.

  USA, Sanctions on Russia

Comments