21:59 GMT12 August 2020
Listen Live
    Get short URL

    MOSCOW (Sputnik) - Russia reserves the right to take appropriate retaliatory actions in response to a new set of US sanctions, the Russian Foreign Ministry said Friday.

    Earlier in the day, Washington added 21 individuals and nine entities to its list of Specially Designated Nationals, and another 12 entities to the Sectoral Sanctions Identifications List over their alleged involvement in the situation in Ukraine.

    "If the US authorities opt to break economic and other ties with Russia, it is their right, as we reserve our right to respond," the Russian Foreign Ministry said in a commentary to the US "destructive" move.

    The ministry reiterated that Russia cannot be scared by us refusal to issue visas or by trade restrictions, and cannot be pressured to abandon its independent course on the global arena.

    In its press release, the Treasury Department's Office of Foreign Assets Control said that the decision to expand sanctions was taken after a similar move by the European Union.

    The Russian Foreign Ministry also said that the US sanctions campaign against Russia and the expansion of restrictive measures will only result in financial losses for US businesses, and thus Washington demonstrates its own helplessness in the given situation.

    "The time has come for strategists in Washington to realize that by continuing their senseless sanctions campaign, which has not given and will not give any results, and will only result in financial losses for US business, they demonstrate to the whole world their own helplessness," the ministry said in a statement.


    Italy's Eni Chairwoman Says Anti-Russian Sanctions Create Problems for Company
    US Imposes Sanctions on North Korea's Oil Ministry – Treasury
    IOC Chief Explains How to Lift Sanctions Off Russian Athletes Before 2018 Games
    EU Adds More North Korean Citizens, Top Venezuelan Officials to Sanction List
    anti-Russian sanctions, United States, Russia
    Community standardsDiscussion