Biden says NATO summit called to extend Russia’s sanctions

Washington and Brussels have warned of further sanctions against Moscow.


US President Joe Biden said on Thursday he had called a NATO emergency summit to ensure long-term international sanctions against Russia over its invasion of Ukraine.

“Maintaining sanctions … (is) exacerbating the pain …. Why I asked for this NATO meeting today is to be sure that after a month we will continue what we are doing – not just next month not, next month – but for the rest of this whole year, ”he said at a news conference at NATO headquarters.

“This is what will stop him,” he said, referring to Russian President Vladimir Putin.

Biden insisted he never used the threat of sanctions as a form of deterrence to ward off Putin’s orderly invasion of Ukraine.

“Let’s get something right. You remember, if you covered me from the beginning, I did not say that, in fact, the sanctions will deter him. Sanctions will never deter. You keep talking about it! “Sanctions never scare off,” he told reporters.

The United States, the European Union and its allies have unleashed several coordinated waves of sanctions against Russia since its invasion of Ukraine on February 24.

The punishment has hit Russia’s finances and economy hard, and is also targeting Russian defense companies and oligarchs, as well as Putin and his closest ministers and assistants.

Washington and Brussels have warned of further sanctions against Moscow, to increase costs for Moscow to continue its war.

(This story was not edited by techlives staff and is automatically generated from a syndicated stream.)

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