Russia vows painful response to new U.S. sanctions over Ukraine
Russia has vowed painful response to new US sanctions over Moscow's actions in Ukraine.
The comments from Sergey Ryabkov, Russia's deputy minister for foreign relations, came as the United States expanded its sanctions against Russia.
The US this time has targeted members of President Vladimir Putin's 'inner circle' and technology that could be useful to Russia's military.
According to CNN, the White House said in a statement that the United States has taken further action in response to Russia's continued illegal intervention in Ukraine.
The statement added that Russia's provocative acts have undermined Kiev's democracy and threaten its peace, security, stability, sovereignty, and territorial integrity.
The White House said that since a meeting in Geneva, Switzerland, on April 17, Russia 'has done nothing' to meet its commitments 'and in fact has further escalated the crisis'.
According to the report, the Department of the Treasury is imposing sanctions on seven Russian government officials, including two members of Putin's inner circle, who will be subject to an asset freeze and a U.S. visa ban, and 17 companies linked to Putin's inner circle, which will be subject to an asset freeze.
Also, the departments of Commerce and State are tightening their 'policy to deny export license applications for any high-technology items that could contribute to Russia's military capabilities. Those Departments also will revoke any existing export licenses that meet these conditions'.
Ryabkov called the sanctions 'meaningless, shameful, and disgusting', adding that the US move will only intensify all the processes in Ukraine which it intends to change or stop, the report added.
(Posted on 29-04-2014)