The United States Treasury Dept is planning to send officials to key parts of the globe to act as enforcers for western sanctions against Russia. Essentially, it’s a blackmail and extortion tour, where Liz Rosenberg and Brian Nelson will visit non-compliant nations and central Western banking hubs to threaten foreign nations against continued noncompliance.
Whether any nation complies with the pressure campaign threats is still unknown. However, against the backdrop of various geopolitical alliances now cleaving the global economy, and with a larger network of non-western nations now forming their own trade partnerships without regard for Washington DC opinion, the effort to draw “with us” or “against us” lines could backfire.
WASHINGTON (AP) — Top sanctions officials from the U.S. Treasury Department plan special international trips this month to pressure firms and countries still doing business with Russia to cut off financial ties because of the war on Ukraine.
The message is that those working with Russia’s government must decide:
1. Continue to provide Moscow with material support or
2. Keep doing business with countries that represent 50 percent of the global economy.
Those are the choices to be laid out, senior Treasury officials told reporters on a call Friday. They spoke on the condition of anonymity to preview the travel plans.
Treasury officials Liz Rosenberg and Brian Nelson — specialists in sanctions and terrorist financing — will travel to Europe this month to meet with leaders of financial institutions in Switzerland, Italy and Germany. They plan to share intelligence on potential sanctions evaders and to warn of the potential penalties for failure to comply with international sanctions.
Rosenberg will also make a stop in the former Soviet republic of Kazakhstan to urge the country’s private businesses not to provide material or intelligence support to the Kremlin. Earlier this year, U.S. Secretary of State Antony Blinken visited Kazakhstan to pledge U.S. support for its independence and to stress the importance of respect for “sovereignty, territorial integrity and independence.” (read more)
Nice country you got there…. it’d be a shame if anything happened to it.
