Biden threatens Russia with economic sanctions again if it invades Ukraine

The president of the United States (USA), Joe Biden, has stated that “it will be a disaster for Russia” if he finally decides to invade Ukraine. american leader has threatened with strong economic sanctions if the invasion takes place and has appealed directly to the Russian president.

Vladimir Putin “has never seen sanctions like the ones I have promised will be imposed if he moves” towards Ukraine, Biden said at a press conference held on the occasion of the first anniversary of his coming to power. The American president warned that Moscow will be held accountable, although he clarified that the measures that the US and its partners adopt will depend on the type of military intervention that Russia chooses to carry out.

“It is one thing that it is a minor incursion and that we end up arguing (in NATO) about what to do and not to do, but if (the Russians) do what they are capable of doing with a mass force on the borderIt is going to be a disaster for Russia,” Biden warned. In that sense, he clarified that the United States and its allies are prepared to “impose a severe cost and significant damage” to Russia and its economy.

“With the imposition of sanctions, there will be a negative impact on the US as well as on the economies in Europe”

“If they invade -he underlined- they are going to pay, their banks are not going to be able to make transactions in dollars”. However, he stressed that it depends on what Russia finally does: “I want to be clear that with the imposition of serious sanctions related to transactions in dollars (…) there is going to be a negative impact on the US as well as on the economies in Europe, as well as a devastating impact on Russia. So I’m going to make sure everyone is on the same page as we move forward in sanctioning Moscow.”

Similarly, Biden has acknowledged that “not very likely” for Ukraine to join NATO in the short term. Meanwhile, Russia has massed tens of thousands of troops near Ukraine’s borders, leading Kiev and its allies to fear that it is preparing a military offensive against Ukraine.

The EU, USA, NATO and OSCE, against Russia

The European Union (EU), the United States, NATO and the OSCE have reaffirmed their defense of the “existing European security architecture” and their determination to resolve diplomatic route the crisis generated by Russia on the border with Ukraine with “a strong, clear and united transatlantic front”.

These are the main commitments reached in the first call in format “quadrilateral” led this Wednesday by the EU High Representative for Foreign and Security Policy, Joseph Borrell; the US Secretary of State, Anthony Blinken; NATO Secretary General Jens Stoltenberg; and the current presidency of the Organization for Security and Cooperation in Europe (OSCE) held by Poland, according to the European External Action Service (EEAS).

The four discussed Russia’s military buildup around Ukraine, as well as bilateral and international diplomatic commitments ongoing related to “Russian attempts to redefine security arrangements in Europe,” the EEAS said.

Furthermore, the four “reaffirmed the need to uphold the fundamental principles of the existing European security architecture”, enshrined in particular within the OSCE. They also underlined “their determination to continue intensive consultations on identifying ways to resolve the situation through bilateral and multilateral diplomatic engagement and presenting a strong, clear and united transatlantic front.”

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