United States to vote on Russian Federation sanctions

United States to vote on Russian Federation sanctions”

Yet while Russia's adverse reaction is to be expected, and will likely lead to immediate counter sanctions, perhaps coupled with the expulsion of the aforementioned 35 diplomats as well as confiscation of USA properties in Russian Federation, it is the EU's response that will be closely watched. Should that happen, the European Union will stand ready to act immediately, according to the Financial Times. And here the president's role is to facilitate the process of discussions and enable the European Commission to receive a mandate for such negotiations.

The EU comment comes after the U.S. House of Representatives on Tuesday voted to toughen sanctions on Russian Federation, as well as Iran and North Korea.

The proposed bill, which will also hit North Korea and Iran, empowers Donald Trump to sanction companies offering technology, services, investment or support to Russian export pipeline projects.

It imposes credit limits on six Russian banks and it forbids Trump from deleting sanctions without Congressional approval.

"The US bill could have unintended unilateral effects that impact the EU's energy security interests", European Commission head Jean-Claude Juncker said in a statement following talks by top bloc officials on the matter in Brussels.

The EU said implementation of the sanctions - depending on circumstances - could adversely affect infrastructure transporting energy resources to Europe, such as the maintenance and upgrade of pipelines in Russian Federation that supply Ukraine's gas transit system. "We are also supportive of adding the North Korean sanctions as well". "This is no less disappointing from the point of view of global law and worldwide trade relations", Kremlin spokesman Dmitry Peskov said.

The lower chamber of the Congress of the United States has adopted on Tuesday a near-unanimously new sanctions against Russian Federation, a project that causes anger in Moscow but also in Europe, as it would penalise european companies.

It is expected that on Tuesday the overwhelming majority in the House of Representatives will vote for this bill. What we are seeing here is some very jingoistic Russia-phobia legislation that is coming out primarily pushed by some very angry Democrats and CNN who are trying through the fog of smoke and mirrors distract people from the real reasons why they voted for Trump in the election for the presidency.

The College of Commissioners will discuss on Wednesday how to react to Tuesday's Congress vote. Previously, adoption of the draft was put on hold as the House was reluctant to pass it, citing "procedural issues".

I guess for Moscow a question is by now playing hardball with Washington, do they help or hinder Trump in his problems in fending off the Russia-gate crisis? As globalization of production inflamed the contradiction between world economy and the nation-state system, the major capitalist corporations and governments were seeking to re-divide the world's resources between them through wars of plunder. All comments are subject to editorial review.

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