Official says US may slap export, financial sanctions on Russia

WASHINGTON, Jan 11 (PRIME) -- Western states have prepared collective sanctions against Russia targeted against the key financial institutes and exports in case of its invasion of Ukraine, U.S. Deputy State Secretary Wendy Sherman said after negotiations with the Russian delegation late on Monday.

"We’ve made it clear that if Russia further invades Ukraine, there will be significant costs and consequences well beyond what they faced in 2014," Sherman said.

"Those costs will include financial sanctions, and it’s been reported those sanctions will include key financial institutions, export controls that target key industries, enhancement of NATO force posture on allied territory, and increased security assistance to Ukraine."   

According to the official, no further details would be disclosed because the Russian government must not anticipate the measures.

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