What sanctions can be imposed against Russia. Opinions of analysts The US and its allies will introduce tough sanctions against Russia , said US President Joe Biden

Since the end of 2021, the United States has threatened RUSSIA with an unprecedented package of tough sanctions in the event of a military invasion of Ukraine. Now this package will be implemented, said US President Joe Biden. “The United States, our allies and partners will impose severe sanctions against Russia,” Biden said after a telephone conversation with Ukrainian President Volodymyr Zelensky.

RBC asked analysts what measures they expect.

Banks

The main focus will be on restrictions on the Russian financial sector, said Elina Rybakova , deputy chief economist at the Institute of International Finance (IIF, global banking association) . Washington could block leading Russian banks from accessing the US DOLLAR and global payment systems, she argues. “We are ready to press the button and take further action against the largest financial institutions in Russia, including Sberbank and VTB,” the White House told reporters on February 22.

The sanctions bills of the US Congress, circulating since the beginning of 2022, named 12 Russian financial institutions, including a number of private banks, as potential objects of sanctions; from this list, VEB.RF and Promsvyazbank have already been included in the sanctions list. Most likely, the United States will start not with Sberbank and VTB, but with smaller banks from this list, "the first blow will come from less significant institutions," Evgeny Nadorshin , chief economist at PF Capital, said on RBC TV .