403
Sorry!!
Error! We're sorry, but the page you were
looking for doesn't exist.
EU reports US retreating from sanctions enforcement against Russia
(MENAFN) The United States has scaled back its role in enforcing sanctions against Russia, as Washington explores ways to end the Ukraine conflict, according to anonymous EU officials cited by Bloomberg.
Since 2022, Washington and Brussels have imposed sweeping sanctions on Moscow, including restrictions on Russian oil exports, financial system bans, and asset freezes. However, officials claim that since President Donald Trump took office, the US has largely withdrawn from key enforcement efforts, particularly from working groups designed to curb Russia’s ability to bypass sanctions.
According to EU sources, the US has been largely unresponsive in a task force focused on blocking Russia's access to military components. Additionally, Washington has reportedly taken a passive role in a separate group monitoring the G7’s $60-per-barrel price cap on Russian oil exports.
Officials told Bloomberg that Washington's disengagement could be either a strategic decision or the result of staffing shortages. They noted that some US meetings have been attended by lower-level representatives lacking decision-making authority.
President Trump has maintained that the US could escalate sanctions if peace talks with Moscow fail. Treasury Secretary Scott Bessent echoed this sentiment, stating that while current measures should bring Russia to the negotiating table, stronger actions remain "on the table."
However, EU officials claim they see no indication that Washington is preparing to tighten restrictions or taking significant steps to address sanctions evasion.
The Kremlin has repeatedly denounced Western sanctions as illegal and ineffective, arguing that they have backfired on those imposing them rather than crippling Russia's economy. Addressing a meeting of Russian business leaders this week, President Vladimir Putin stated that despite Western pressure, Russia’s economy remains resilient and continues to grow.
Since 2022, Washington and Brussels have imposed sweeping sanctions on Moscow, including restrictions on Russian oil exports, financial system bans, and asset freezes. However, officials claim that since President Donald Trump took office, the US has largely withdrawn from key enforcement efforts, particularly from working groups designed to curb Russia’s ability to bypass sanctions.
According to EU sources, the US has been largely unresponsive in a task force focused on blocking Russia's access to military components. Additionally, Washington has reportedly taken a passive role in a separate group monitoring the G7’s $60-per-barrel price cap on Russian oil exports.
Officials told Bloomberg that Washington's disengagement could be either a strategic decision or the result of staffing shortages. They noted that some US meetings have been attended by lower-level representatives lacking decision-making authority.
President Trump has maintained that the US could escalate sanctions if peace talks with Moscow fail. Treasury Secretary Scott Bessent echoed this sentiment, stating that while current measures should bring Russia to the negotiating table, stronger actions remain "on the table."
However, EU officials claim they see no indication that Washington is preparing to tighten restrictions or taking significant steps to address sanctions evasion.
The Kremlin has repeatedly denounced Western sanctions as illegal and ineffective, arguing that they have backfired on those imposing them rather than crippling Russia's economy. Addressing a meeting of Russian business leaders this week, President Vladimir Putin stated that despite Western pressure, Russia’s economy remains resilient and continues to grow.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Comments
No comment