A
bill led by Republican Senator Ted Cruz that would place
sanctions on Russia's Nord Stream 2 natural gas pipeline to
Germany within 15 days of passage, last week did not get the
majority it needed to pass in the 50-50 Senate.
Critics said automatic sanctions on the pipeline risked driving
a wedge between the United States and its allies, especially
Germany, potentially harming a united front against Russia.
A day before Cruz's bill, Democratic Senator Robert Menendez
proposed a bill imposing sanctions on the pipeline, on top
Russian officials including President Vladimir Putin, and on
banking institutions, should Russia attack Ukraine again.
"Passing something is better than passing nothing," Senator
Kevin Cramer told reporters, who added that elements of
Republican proposed legislation, such as that sponsored by
Senator Marco Rubio could be joined with items in the Menendez
bill.
The senators did not say when a unified bill could come to the
floor for a vote in the Senate, which has a packed schedule.
Cramer, who earlier this week took part in a bipartisan visit of
U.S. Senators to Ukraine, said the bill should cut off Russia's
access to the SWIFT global electronic payment system.
The administration of U.S. President Joe Biden, a Democrat is
also preparing sanctions on Russia and will be prepared to
impose them as soon as any tanks roll, officials have said.
Restrictions under consideration could affect U.S. products
exported to Russia and certain foreign-made products subject to
U.S. jurisdiction.
Russia, which invaded Ukraine and annexed Crimea in 2014, has
massed about 100,000 troops on the border but says it is not
readying another attack.
U.S. Secretary of State Antony Blinken said Russia could launch
a new attack on Ukraine at "very short notice" but Washington
would pursue diplomacy as long as it could.
The Menendez bill does not mention SWIFT by name, but the
senator has said his legislation would target companies in
Russia that offer secure messaging systems, such as SWIFT, which
banks use to exchange information with other financial
institutions.
Senator Rob Portman, who was also on the trip to Ukraine, said
the bill could include measures to help Ukraine fight against
cyberattacks that were passed out of the Senate Foreign
Relations Committee last April.
"We would most likely be able to fold that in any new
legislation," Portman said. A massive cyberattack on Ukraine
this month splashed Ukrainian government websites with a warning
to "be afraid and expect the worst".
(Reporting by Timothy Gardner and Daphne Psaledakis; editing by
Philippa Fletcher)
[© 2022 Thomson Reuters. All rights
reserved.]
This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|