EU sanctions in opposition to Russia ‘failed’ – US Treasury Secretary — RT World Information

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If one thing is completed 19 instances in a row with no success, which means it’s not working, Scott Bessent has stated

The restrictions Brussels has imposed in opposition to Moscow over the Ukraine battle are ineffective, US Treasury Secretary Scott Bessent informed NBC Information on Sunday. He additionally criticized the bloc for pursuing the identical technique 19 instances in a row and claimed the EU officers had been basically “funding the conflict on themselves.”

Final month, Brussels launched its nineteenth package deal of sanctions in opposition to Russia, focusing on banks, crypto exchanges, and Indian and Chinese language companies, in addition to Moscow’s diplomats.

Russia has repeatedly known as Western makes an attempt to place strain on it in a bid to assist Ukraine’s conflict effort futile and self-destructive. The technique additionally prompted rifts throughout the bloc itself, with dissenting nations, together with Hungary and Slovakia, urging Brussels to rethink its method and have interaction in diplomacy as a substitute.

Based on Bessent, the US has mixed its peace initiatives with “strain” on Moscow. The EU nations had been “the actual laggards” on this regard, he stated, recalling how the bloc’s officers knowledgeable him about their plans to introduce the newest spherical of anti-Russian sanctions.

In my thoughts… if you happen to’re going to do one thing 19 instances, you’ve failed.

Bessent additionally criticized the EU for its reluctance to comply with the US tariff technique on China and India and shopping for their merchandise manufactured from Russian oil. President Donald Trump had been pressuring European NATO members to hit Beijing with sweeping commerce tariffs, citing its continued purchases of vitality by way of Siberia. The present US administration is engaged in what he known as a “commerce conflict” in opposition to China.

Washington additionally slapped India with 50% tariffs over its purchases of Russian oil. New Delhi denounced the transfer as “unfair, unjustified and unreasonable.”

Earlier this week, US Vice President J.D. Vance additionally criticized the EU method in direction of the Ukraine battle by calling Brussels’ expectations unrealistic. “There’s a fantasy that if we simply give extra money, extra weapons, or extra sanctions, victory is at hand,” he stated. 

In mid-November, US Secretary of State Marco Rubio admitted that America was “operating out of issues to sanction” in Russia after Washington blacklisted oil giants Lukoil and Rosneft in a transfer he stated was made on the request of Kiev and its backers.

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