Finance Inquirer
No Result
View All Result
Friday, November 6, 2026
  • Login
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market
Subscribe
Finance Inquirer
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market
No Result
View All Result
Finance Inquirer
No Result
View All Result
Home Finance

White House Mulling Strict Export Controls On Russia Which Resemble Iran Sanctions

Tom Hagler by Tom Hagler
23.12.2021
in Finance
White House Mulling Strict Export Controls On Russia Which Resemble Iran Sanctions
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

White House Mulling Strict Export Controls On Russia Which Resemble Iran Sanctions

The Biden administration has prepared a punitive package of potential sanctions which would be ready to go in the instance of Russia invading Ukraine, which would involve tightening export controls in order to hurt Russia’s economy.

Reuters on Tuesday cited an unnamed administration official who said the measures are under intense discussion, namely possible “extraordinary” export controls that could block Russia from importing smartphones, crucial aircraft and automobile parts, and other materials.

Russian auto industry file image

It would be a significant step of escalation given such sanctions would begin to resemble aspects of the all-encompassing US sanctions long in place against Iran. Existing US sanctions related to Russia have merely targeted individual Kremlin officials and entities, for example, that resulted in the aftermath of the Navalny poisoning affair and his subsequent imprisonment, or also companies involved in work on Nord Stream 2.

At this point their implementation is unlikely, assuming Moscow’s insistence that there is no planned Ukraine invasion in the works is true. Leaders in Kiev, as well as some of their Washington counterparts, have loudly claimed an offensive into Eastern Ukraine will happen by January.

Meanwhile Ukraine and some other Eastern European countries are actually demanding that the US impose sanctions on Russia now, rather than waiting. This was the message issued by Polish President Andrzej Duda and Lithuanian President Gitanas Nauseda – who both met with Ukrainian President Volodymyr Zelenskyy in western Ukraine on Monday. The three leaders in the joint statement:

“…called upon the international community to step up sanctions on the Russian Federation over its ongoing aggression against Ukraine and once again urged the Kremlin to de-escalate the situation by withdrawing its troops from the Ukrainian borders and temporarily occupied territories.”

That’s when Zelenskyy urged “powerful preventative actions, powerful serious sanctions to exclude any thought about escalation.”

Yet if US export controls were imposed immediately this would only ensure the total break in all dialogue between the US and Russia. Such sanctions would heighten the likelihood of actual military clashes. This at a time Moscow is still awaiting a Biden administration response to its list of security proposals centered on NATO agreeing to halt eastward expansion.

We started with SWIFT and ended up with “extraordinary” export controls on Russia’s ability to import smartphones, key aircraft and automobile parts. This is not what’s going to deter Russia and it proves that the West isn’t ready for anything “nuclear”.https://t.co/2FnwcSOkJj

— Dr Maria Shagina (@maria_shagina) December 22, 2021

On this front, there’s some hopeful signs that the two sides are moving toward deconfliction, as The Hill reports: 

Bilateral talks between the United States and Russia on Moscow’s recently-proposed security demands are expected to begin in January, a State Department official said Tuesday.

Karen Donfried, assistant secretary of State for European and Eurasian Affairs, told reporters on Tuesday that the US will “decide on a date” together with Russia to begin discussions.

For now, the US administration is likely to continue with its threats and talk of “red lines” – and warnings against Russian aggression toward Ukraine, also as a method to continue building leverage ahead of these possible January talks. 

Tyler Durden Wed, 12/22/2021 – 22:00

  • Trending
  • Comments
  • Latest
P2Pro: profitable changes are coming!

P2Pro: profitable changes are coming!

13.09.2022
Saving and investing the two keys to your future retirement

Saving and investing the two keys to your future retirement

21.06.2022
The Dow Jones slept through the whole trade despite positive data from the labor market. Nasdaq had its best streak of gains this year

The Dow Jones slept through the whole trade despite positive data from the labor market. Nasdaq had its best streak of gains this year

01.09.2022
The ranking of countries in terms of the coverage of children with preschool education has been compiled

The ranking of countries in terms of the coverage of children with preschool education has been compiled

03.11.2022
Take the best photos of your life with the new vivo Y76 5G now available

Take the best photos of your life with the new vivo Y76 5G now available

Complete your Christmas shopping with up to 75% off on devices at vivo’s Big Christmas Sale on Shopee

Complete your Christmas shopping with up to 75% off on devices at vivo’s Big Christmas Sale on Shopee

AirPods 3 vs AirPods 2 – What’s the Difference?

AirPods 3 vs AirPods 2 – What’s the Difference?

Want to be a content creator? Here are 5 valuable tips from today’s top Pinoy online celebrities

Want to be a content creator? Here are 5 valuable tips from today’s top Pinoy online celebrities

European Technical Expands AMC Services Across Dubai Amid Rising Demand

04.11.2026
Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

12.09.2025

A Family debt of €20 million marks a new chapter in Dasha Ozden’s life

04.09.2025

SnapInspect Shares Five Key Factors to Consider When Choosing Property Inspection Software

25.08.2025

Recent News

European Technical Expands AMC Services Across Dubai Amid Rising Demand

04.11.2026
Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

12.09.2025

Categories

  • Business
  • Finance
  • News
  • Stock Market
  • Technology
  • Без рубрики

Site Navigation

  • Home
  • Contact Us
Finance Inquirer

We offer multimedia features, easy channel navigation, strong social media presence and numerous engagement platforms that allow the readers to experience content anytime, anywhere, always.

No Result
View All Result
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market

© 2021 financeinquirer.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In