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Chinese companies, as well as those from other countries, will face consequences if they try to mitigate the effect of sanctions against Russia that Washington could impose in the event of a Russian “invasion” of Ukraine, State Department spokesman Ned Price said.
Speaking at the briefing, Price noted that the United States, its allies and partners have “a whole set of tools” in order to influence the “violators” of sanctions among foreign companies. According to him, the economic and financial consequences of such measures will be “massive”.
Price stressed that “if Russia thinks it can offset or mitigate some of these impacts through closer relations with the PRC, then it can’t.” On the contrary, these attempts, he said, will make the Russian economy “more fragile” and make it more dependent on the Chinese. “This is a recipe for disaster for the Russian economy,” Price concluded.
Recall, earlier US Secretary of State Anthony Blinken said that the United States would not impose preventive sanctions against Russia, since they are intended to “deter Russian aggression.”
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
