facebook
twitter
rss
account
search
search
 

Kremlin shrugs off U.S. sanctions

Our stance is "placid," Russian deputy foreign minister said.
By Daniel J. Graeber   |   July 17, 2014 at 9:16 AM   |   Comments

| License Photo
MOSCOW, July 17 (UPI) -- The Kremlin is taking a "placid" posture over U.S. sanctions that reach into the energy sector, Russia's deputy foreign minister said Thursday.

Washington rolled out a new set of sanctions against Russian companies and financial institutions in response to ongoing skirmishes in Ukraine, a former Soviet Republic.

Skirmishes in Ukraine stem from Russia's frustration over the shift in the regional balance of power that resulted from Kiev's tilt toward the European Union.

Russian Deputy Foreign Minister Sergei Ryabkov said U.S. actions against Russia would hurt Washington's foreign political and economic efforts.

"There's no hustle, our stance on this [new U.S. sanctions] is placid and balanced," he said.

Sanctions extend to the financial arm of Russian natural gas company Gazprom along with Russian energy companies Novatek and Rosneft.

U.S. Undersecretary for Terrorism and Financial Intelligence David Cohen said the sanctions were enacted because "Russia has failed to meet the basic standards of international conduct."

Follow @dan_graeber and @UPI on Twitter.
Contact the Author
Topics: David Cohen
© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Most Popular
1
New National Security Cutter delivered to Coast Guard New National Security Cutter delivered to Coast Guard
2
First MT30 engine for Korean Navy frigates passes acceptance tests First MT30 engine for Korean Navy frigates passes acceptance tests
3
Boeing exploring collaboration with Danish firm to develop UAV Boeing exploring collaboration with Danish firm to develop UAV
4
Creator of 'Honey Badger Don't Care' brand sues for trademark infringement Creator of 'Honey Badger Don't Care' brand sues for trademark infringement
5
Anheuser-Busch not satisfied with the way NFL has handled recent incidents Anheuser-Busch not satisfied with the way NFL has handled recent incidents
Trending News
Video
x
Feedback