U.S. Secretary of State Antony J. Blinken Holds Joint Press Availability with Ukraine Foreign Minister Dmytro Kuleba on Russia's Invasion of Ukraine. Delivered 24 February 2022. Courtesy DVIDS. Enhanced to 60fps. Complete transcript and enhanced audio at: www.americanrhetoric.com/spee...
Key Moments:
"Today, we’re implementing full blocking sanctions on two large Russian financial institutions, VEB and Promsvyazbank, both of which have close links to the Kremlin and the Russian military. Collectively, they hold more than $80 billion in assets."
"We’re expanding our existing sanctions on Russian sovereign debt...These prohibitions will cut off the Russian Government from a key avenue by which it raises capital to fund its priorities and will increase future financing costs. They also deny Russia access to key U.S. markets and investors."
"We’ll impose sanctions on members of the Russian elite and their family members, all of whom directly benefit from their connections with the Kremlin."
"Today, Chancellor Scholz announced that the German Government is suspending the [Nord Stream 2] pipeline indefinitely."
"Putin {plans]...to destroy Ukraine’s democracy, which offers a stark contrast to the autocracy that he leads; to reclaim Ukraine as a part of Russia. That’s why this is the greatest threat to security in Europe since World War II."
"The United States, and I personally, remain committed to diplomacy if Russia is prepared to take demonstrable steps to provide the international community with any degree of confidence that it’s serious about de-escalating and finding a diplomatic solution. We will proceed, in coordination with allies and partners, based on Russia’s actions and the facts on the ground. But we will not allow Russia to claim the pretense of diplomacy at the same time it accelerates its march down the path of conflict and war."
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