Washington to ban “all new investment” in Russia

(Washington) The United States will adopt on Wednesday, in coordination with the European Union and the G7, new sanctions against Russia aimed in particular at prohibiting “any new investment” in this country, according to a source familiar with the matter.

Posted at 3:08 p.m.

These punitive measures, imposed in response to Moscow’s invasion of Ukraine, will further include “enhanced sanctions against financial institutions and state-owned companies in Russia, and sanctions against Russian government officials and their relatives”, it said. to AFP on Tuesday this source.

She assured that these decisions, which add to a whole series of measures taken since the start of the invasion of Ukraine on February 24, would “damage key instruments of the Russian state apparatus” and “ cause immediate and acute economic damage”.

This American source thus affirmed that the Russian economy would contract “by 15% or more” in 2022 under the effect of the war in Ukraine and Western sanctions, a recession of unprecedented severity and which would erase “the progress economic gains made in the past 15 years by Russia”.

The European Union is also planning to toughen its sanctions against Russia. The European Commission has proposed stopping the purchase of Russian coal, and wants to close European ports to Russian ships.


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