US White House: "Additional sanctions including export controls possible even without further Russian actions"

[Image source=EPA Yonhap News]

[Asia Economy New York=Special Correspondent Joselgina] The White House confirmed that the United States and its allies can continue to impose sanctions even if Russia does not take additional actions in Ukraine.

Dalip Singh, Deputy National Security Advisor at the White House, appeared on CNN's "New Day" on the 23rd (local time) and stated that sanctions, including export controls, could be imposed "at any time" without specifying a concrete timeline.

When asked whether there would be no additional sanctions if Russia does not take further measures in Ukraine, he emphasized, "No," adding, "The costs will continue to increase more and more."

Earlier, President Joe Biden defined Russia's recognition of the independence of separatist forces in the Donbas region of Ukraine and the order to deploy troops there as an "invasion," announcing sanctions against financial institutions, national debt, and family members of Russian President Vladimir Putin’s close associates. Subsequently, Germany, the United Kingdom, the European Union (EU), Japan, and others have also announced additional sanctions.

Singh’s remarks on this day confirmed the position that additional sanctions are possible even if Russia does not withdraw existing measures after the invasion has already occurred. He referred to Germany’s announcement to suspend the Nord Stream 2 approval process and the United States’ first phase of sanctions, evaluating, "We have dealt a heavy blow."

Regarding additional sanctions including export controls, Deputy Advisor Singh explained, "The assets managed by the two largest banks in the Russian economic sector amount to $750 billion," and "The scale of additional economic sanctions such as export controls is ten times greater." He also added, "Our export controls, which can block all technology supplied to Russia, have not yet been disclosed," and "We can reveal them at any time."

The export control measures the U.S. is preparing are known to apply the "Foreign Direct Product Rule," which dealt a critical blow to the Chinese company Huawei, in a Russian-style manner, focusing on semiconductors and applying it across the Russian industry.

On this day, Deputy Advisor Singh emphasized, "Russia’s violation of Ukraine’s territorial integrity and sovereignty is unacceptable." When asked if there have been any changes in the situation of the Russian military recently, he responded, "(Russia is) still prepared to launch a large-scale invasion across all of Ukraine."

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