Ukraine hails US move to approve Lindsey Graham's sanctions
Photo: Chairman of the Verkhovna Rada Ruslan Stefanchuk (Vitaliy Nosach / RBC-Ukraine)
Chairman of the Verkhovna Rada, Ruslan Stefanchuk, welcomed the final approval of the Lindsey Graham bill. The Speaker of the Ukrainian parliament believes that pressure on Russia is moving toward concrete decisions, according to Stefanchuk's post on Facebook.
Stefanchuk noted that following the document's prior approval by the Senate, this completes the parliamentary stage of its consideration in the US Congress.
The Chairman of the Verkhovna Rada wrote on Facebook that it was fundamental for Ukraine that pressure on Russia’s ability to finance the war was moving toward concrete decisions.
The Speaker of the Verkhovna Rada thanked members of both chambers of the US Congress and House Speaker Mike Johnson for supporting the bill.
Separately, Stefanchuk highlighted Senator Richard Blumenthal, who, alongside Lindsey Graham, initiated the sanctions effort and worked extensively to advance it.
Stefanchuk stated that the work had not stopped after Lindsey Graham’s passing, adding that his legacy continued and that the price of Russian aggression had to become increasingly higher.
What the bill entails
The document provides for sanctions and potential tariffs against Russia in connection with the war against Ukraine.
The bill would grant US President Donald Trump the authority to impose 100% tariffs on the five largest importers of Russian oil and natural gas, as well as on five countries that help Russia evade energy sanctions.
Furthermore, the document includes sanctions against the Russian shadow fleet, financial institutions, including the Central Bank of Russia, and major state energy projects.
Context of the statement
The US House of Representatives has finally passed the bill on harsh sanctions against Russia and Iran. The document, authored by the late Senator Lindsey Graham, is now heading to the president for signature.
For more details on who exactly the new restrictions might affect and what consequences they will have, read the RBC-Ukraine article.
