Progress Made with Sanctions on Russia, but Further Action Needed, Says Commerce Secretary Gina Raimondo

Progress Made with Sanctions on Russia, but Further Action Needed, Says Commerce Secretary Gina Raimondo

Commerce Secretary Gina Raimondo recently spoke about the progress made with sanctions on Russia, but also emphasized the need for further action to address ongoing issues. Raimondo highlighted the importance of using economic tools to hold Russia accountable for its aggressive actions and human rights abuses.

One of the key achievements in recent years has been the coordination of sanctions with international partners, including the European Union and other allies. This unified approach has put pressure on Russia and limited its ability to engage in destabilizing activities. Raimondo praised the cooperation between countries in targeting individuals and entities responsible for violations of international law.

Despite these successes, Raimondo stressed that more needs to be done to address Russia’s continued aggression. She called for additional measures to deter Russian interference in democratic processes, cyberattacks, and human rights abuses. Raimondo emphasized the importance of staying vigilant and adapting sanctions to respond to evolving threats.

In particular, Raimondo highlighted the need for targeted sanctions on Russian oligarchs who support President Vladimir Putin’s regime. By imposing financial penalties on individuals who enable Putin’s authoritarian rule, the international community can weaken his grip on power and promote accountability.

Raimondo also emphasized the importance of supporting Ukraine and other countries in the region that are facing Russian aggression. By providing economic assistance and security cooperation, the United States and its allies can help these nations defend their sovereignty and resist Russian influence.

Overall, Raimondo’s remarks underscored the progress made with sanctions on Russia, but also highlighted the need for continued action to address ongoing challenges. By working together with international partners and using economic tools effectively, the United States can hold Russia accountable for its actions and promote a more stable and secure world.

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