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Obama, Merkel Consider Additional Sanctions Against Russia

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US President Barack Obama and German Chancellor Angela Merkel agree that the United States and the European Union should consider imposing additional sanctions on Russia due to the situation in Ukraine, the White House said in a statement.

WASHINGTON, August 29 (RIA Novosti) — US President Barack Obama and German Chancellor Angela Merkel agree that the United States and the European Union should consider imposing additional sanctions on Russia due to the situation in Ukraine, the White House said in a statement.

In a telephone conversation, the leaders expressed concern with reports regarding the crisis in Ukraine and both agreed that given the recent developments, the United Stated and the European Union should consider additional sanctions against Russia, said in the statement.

Both the US president and the German Chancellor also confirmed their readiness to continue to search for a diplomatic solution to the conflict.

The United States, the European Union and some other Western countries imposed the first round of sanctions after refusing to recognize the legitimacy of Crimea’s reunification with Russia in March.

As the Ukrainian crisis escalated, the United States pressed for its Western allies to follow its lead. Switzerland, Canada, Australia and Japan caved in to the US sanctions push and drew up their own blacklists. Several other rounds of anti-Russian sanctions have followed since.

Moscow has repeatedly warned that sanctions will have a boomerang effect, and will negatively affect the economies of the countries imposing them.

In August, Russia introduced protective measures, banning the import of agricultural and food products from countries that had imposed sanctions on Russia, unjustifiably blaming Moscow for meddling in Ukraine’s internal affairs.

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