A number of major US companies are urging US President Joe Biden and Congress to be cautious about sanctions against Russia, media reported.
Western countries threaten Russia with unprecedented sanctions in the event of an escalation in Ukraine. The plans attributed to Russia to escalate the situation around Ukraine are categorically denied in Moscow and constantly declare that they are not threatening anyone, and all these statements are used as an excuse to place more NATO military equipment near Russian borders.
“The Biden administration and Congress need to clear up the details in case they have to follow up on the threat of sanctions,” Jake Colvin, head of the US National Foreign Trade Council (NFTC), told Reuters.
The trade association NFTC, which includes Chevron and General Electric among others, is reportedly asking the White House to consider allowing companies doing business in Russia to meet their obligations. In addition, the association also asks to think about exempting certain products from sanctions.
A US congressional source told the agency that energy companies have contacted US lawmakers directly to ensure that their assets are not confiscated if they fail to honor their business agreements in Russia.
As Russian Foreign Minister Sergei Lavrov said earlier, Russia does not create any pretexts for a conflict situation around Ukraine. According to him, Russia does not rule out that the hysteria around Ukraine, hyped by the West, is aimed at covering Kiev’s line of sabotaging the Minsk agreements on Donbass. According to the press secretary of the President of the Russian Federation Dmitry Peskov, the US and NATO information hysteria over Ukraine is generously framed by lies and fakes.