Biden unveils new sanctions on Russia for


Washington — President Biden on Thursday declared Russia’s continuing assault on Ukraine a “premeditated attack” and announced additional economic sanctions the U.S. and Western allies will impose on Russia in response to its aggressive actions. 

“Putin is the aggressor. Putin chose this war. And now he and his country will bear the consequences,” Mr. Biden said during remarks at the White House, hours after the Russian assault began on Ukraine. 

The president announced the U.S. will impose sanctions on four of Russia’s largest banks, in addition to two financial institutions the U.S. sanctioned earlier this week, meaning “every asset they have in America will be frozen,” he said. The U.S. and Western allies are also imposing new export controls, which Mr. Biden said will block more than half of Russia’s high-tech imports and strike a blow to Moscow’s military and technological capabilities. 

NATO will convene a summit Friday to bring together the leaders of 30 allied nation to map out their next steps, Mr. Biden said. Still, the president emphasized U.S. forces “are not going to Europe to fight in Ukraine,” but to defend and reassure NATO allies in the region. 

Mr. Biden told reporters he has “no plans” to talk to Putin. He did not answer a question asking why the U.S. isn’t sanctioning Putin directly now. 

The president condemned what he called an “unprovoked and unjustified attack” on Ukraine in a late-night statement Wednesday after Russia began launching strikes against Ukrainian cities, including the capital of Kyiv. The president accused Russian President Vladimir Putin of choosing “a premeditated war that will bring a catastrophic loss of life and human suffering.”

Ukraine’s State Border Guard Service said Russian forces started breaking through the country’s border in the Kyiv region, and Oleksiy Arestovich, an adviser to Ukrainian President Volodymyr Zelensky, said “dozens” of Ukrainian troops were killed amid Russia’s attacks. 

Mr. Biden’s remarks followed a meeting with Group of 7 leaders, many of which joined the U.S. in issuing widespread condemnation of Russia’s full-scale attack on Ukraine, as well as a meeting with his National Security Council to discuss the latest developments in the crisis.

The U.S. rolled out a first tranche of sanctions after Putin recognized as independent the Donetsk and Luhansk regions of eastern Ukraine. The initial round targeted a pair of Russian banks and five members of Russia’s elite with ties to Putin, as well as the company building the Nord Stream 2 pipeline and its corporate officers.

But the Biden administration and Western leaders warned a further escalation by Putin against Russia’s neighbor would trigger more severe sanctions.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *