U.S. would impose more economic pain if Russia does not change: official

By Kitco News / August 21, 2018 / www.kitco.com / Article Link

WASHINGTON (Reuters) - U.S. State and Treasury Department officials told a U.S. Senate committee hearing on Tuesday that Washington is prepared to impose more economic pain on Russia if it does not change its behavior, and that significant amounts of arms deals with Russia have been abandoned as a result of U.S. diplomatic efforts.

Christopher Ford, assistant secretary at the State Department's Bureau Of International Security And Nonproliferation and Sigal Mandelker, Acting Under Secretary of Terrorism and Financial Crimes at the Treasury Department testified at a Senate Banking Committee hearing on the effect of sanctions on Russia.

Reporting by Patricia Zengerle; Editing by Frances Kerry

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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