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Punishing Putin: How Biden Could Cut Russia Off

Punishing Putin: How Biden Could Cut Russia Off

NDTV
Wednesday, February 23, 2022 06:37:28 AM UTC

The measures, whose details have not been previously reported, are part of an initial suite of export control penalties that the United States has prepared to damage Russia's economy, targeting everything from lasers to telecoms equipment and maritime items.

If Russia further invades Ukraine, the Biden administration could deprive it of a vast swath of low- and high-tech U.S. and foreign-made goods, from commercial electronics and computers to semiconductors and aircraft parts, people familiar with the matter told Reuters.

President Joe Biden would achieve that by requiring that companies seeking to ship an expanded list of goods to Russia obtain licenses from the United States, and his administration would then deny those licenses, the people said.

The measures, whose details have not been previously reported, are part of an initial suite of export control penalties that the United States has prepared to damage Russia's economy, targeting everything from lasers to telecoms equipment and maritime items.

The White House, and the Commerce Department, which oversees U.S. export controls, did not immediately respond to requests for comment.

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