United States President Barack Obama said Friday that the US and European Union are still prepared to impose sanctions against Russia if the crisis in Ukraine continues to escalate following the signing of a ceasefire agreement.Speaking in Newport, Wales at a major NATO summit, Pres. Obama expressed skepticism over a pact signed only hours earlier in Minsk during a meeting of representatives from Kiev, Lugansk and Donetsk, and said the US intends to go ahead with new sanctions revealed by the White House on Thursday this week.
Obviously we are hopeful,Obama said of the ceasefire,but based on past experience, also skeptical that, in fact, the separatists will follow through and the Russians will stop violating Ukraines sovereignty and territorial integrity.
The terms of the agreement have to be tested, the president added, and that he expects to move forward based on what is currently happening on the grounds with sanctions, while acknowledging that, if in the fact the elements of the plan thats been signed are implemented, then those sanctions could be lifted.
Taking that approach, Obama said, is a more likely way to ensure that there is a follow throughon the part of Russia.
One day earlier, a White House spokesperson said that the US is readying a new wave of sanctions to impose against Russia as a result of Moscows perceived role in the ongoing crisis in eastern Ukraine, and the EU was expected to do the same.
By RT
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