White House of Sanctions against Russia: What will happen in “package”?

The US authorities, if necessary, will impose sanctions against the largest financial institutions and state-owned companies in the Russian Federation. This was announced at a briefing on Friday, Deputy Director of the National Economic Council of the White House Dalip Singh, who is also deputy assistant to the US President for National Security, who oversees the issues of the global economy, writes TASS.

“If Russia attacks Ukraine, we will reply decisively. The price for the Russian Federation will be huge: both for its economy and for its strategic position in the world. Our financial sanctions have been developed in order to ensure immediate costs for the largest financial institutions. and state enterprises in Russia, “he argued.

“We are ready to apply powerful export control measures. Financial sanctions and export control measures are deprived of the Russian Federation that it is necessary. Financial sanctions are deprived of the Russian Federation for foreign capital, and export control – critical technological resources,” he added.

According to Singha, the possible new anti-Russian sanctions of the West are not aimed at hitting the export of energy by Russia.

First, our measures are not intended to reduce or damage the Russian opportunities to supply the world of energy. Secondly, for [President of the Russian Federation Vladimir] Putin would be a big mistake to use energy exports as weapons, “- He argued.

Singh said that the initial package of sanctions against Russia for the possible invasion of Ukraine is likely to not include a disconnection from the SWIFT interbank payment system.

“All options stay on the table,” he said, answering the question of whether the SWIFT system was planned with respect to the Russian Federation. – But you probably won’t see the measures connected with SWIFT in the original package. “

Singh reported that the package of possible new sanctions of the West against the Russian Federation is not yet ready, but its development is almost completed.

“I would say that at this stage we are going on the final package [sanctions],” said the representative of the US administration, which is also the deputy assistant to the President on National Security, who oversees the issues of the world economy. – And everyone who worked on sanctions in The EU or the US or in other countries from among our allies and partners, notes that the unity and level of coordination that we have observed in the past few months are not similar to anything else that we have seen. “