WASHINGTON — Nationwide security adviser Jake Sullivan mentioned Thursday that the Biden administration is focused on making certain Russia is not capable of evade punishing international sanctions for its struggle in Ukraine.
Sullivan, talking on the Financial Membership in Washington, D.C., mentioned the administration is now focusing on implementing the sanctions already levied in opposition to Russia, its officers and elites.
“I mean what we have done is unprecedented in terms of a major economy to take this set of steps across financial sanctions, investment bans, the export controls,” Sullivan mentioned when requested whether or not the U.S. has exhausted the penalties it could actually impose in opposition to Russia. “But where our focus will be in the course of the coming days is on evasion,” he added.
“As Russia tries to adjust to the fact that it’s under this massive economic pressure, what steps can they try to evade our sanctions and how do we crack down on that?”
President Joe Biden’s high nationwide security adviser added that he expects the White House to announce “in the next week or two” sure targets which might be making an attempt to facilitate Russia’s sanction evasion.
Within the weeks since Russia’s invasion of its ex-Soviet neighbor, Washington and its allies have imposed rounds of coordinated sanctions vaulting Russia previous Iran and North Korea because the world’s most-sanctioned nation.
Sullivan reiterated that the U.S. has deep issues about China’s alignment with Russia and the likelihood that the world’s second-largest financial system might try to assist Moscow blunt sanctions.
Sullivan mentioned that the U.S. has not but noticed Beijing offering army help to Moscow for its struggle in Ukraine.
“It’s something that we constantly monitor and of course we don’t have complete visibility all the time,” Sullivan mentioned. “Russia and China have an economic relationship, and there is continuing economic intercourse between Russia and China. But have we seen a systematic effort to undermine, weaken or defend sanctions at this point? We have not.”