US Treasury Deputy Secretary: "If Russia Invades Further, Export Controls on Key Technologies Will Be Imposed"

[Asia Economy New York=Special Correspondent Joselgina] The United States reaffirmed its intention to impose export controls on Russia, including key technology items, if Russia launches an additional invasion of Ukraine.

Wally Adeyemo, U.S. Deputy Secretary of the Treasury, appeared on the economic media CNBC on the 23rd (local time) and stated, "Russian President Vladimir Putin must consider whether he is securing resources for the future or guaranteeing Russia's economic growth."

He emphasized, "If he (Putin) chooses to invade, we will very directly confirm that we will block these things from him."

He also mentioned, "We will block direct Western technology that develops the Russian military," and "We will cut off Western financial resources essential to sustaining the Russian economy and its people."

Earlier, President Joe Biden defined Russia's recognition of the independence of separatist forces in Ukraine's Donbas region and the order to deploy troops as an 'invasion' and announced financial sanctions on two state-owned banks. He also made it clear that additional sanctions will be added depending on Russia's future actions.

As a future U.S. additional sanction card, export control measures such as banning exports of parts and products containing advanced technology to Russia are mentioned. The 'Foreign Direct Product Rule,' which dealt a fatal blow to the Chinese company Huawei, is expected to be applied in a Russian style, focusing on semiconductors and applied across the Russian industry. The diplomatic media Foreign Policy reported that the White House recently requested Asian countries to join the sanctions related to this, and Japan, Taiwan, and Singapore have expressed their support for this.

Deputy Secretary Adeyemo emphasized, "(The U.S.) will impose financial sanctions and block technology in response to Russia's invasion," adding, "If President Putin does not choose a diplomatic solution, we will impose significant sanctions to stop him."

This content was produced with the assistance of AI translation services.