Victoria Nuland: US ready to step up sanctions against Russia

The economic sanctions imposed on Russia over its aggression in Ukraine have their effect, and the United States is willing to further step up them to end the violence in Ukraine.

Victoria Nuland, the Assistant Secretary of State for European and Eurasian Affairs at the United States Department of State, said this before the U.S. Senate Foreign Relations Committee in Washington on Tuesday, an Ukrinform correspondent reports.

"These sanctions, combined with low oil prices and Russia’s continued structural weaknesses, have imposed significant costs. While Moscow has not yet changed its approach to Ukraine, our readiness to toughen sanctions even further has likely played a role in deterring further Russian efforts to grab Ukrainian territory," Nuland said.

She also stressed that the US was now intensively working with Europe to "ensure EU sanctions are rolled over at the end of this month, and to support France and Germany in their lead diplomatic role to push for full implementation of the Minsk agreements."

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