Peskov called for waiting for details of the Trump-backed sanctions bill.

The US bill imposing new sanctions for cooperation with Russia will not affect the work of the Shanghai Cooperation Organization (SCO), but details of the US initiative are still pending. This was stated to reporters by presidential press secretary Dmitry Peskov , according to RIA Novosti.

US President Donald Trump supported the amendments in question on November 17. The bill has not yet been approved.

"Wait while the bill is being processed. We don't yet understand the fate of this bill and what exactly Trump supported," Peskov said.

The bill was introduced in April by Senators Lindsey Graham and Richard Blumenthal. It calls for a 500 percent tariff on imports from countries that purchase Russian goods.oil , gas, uranium and other products if Russia does not agree to a long-term peace with Ukraine.

The Ministry of Finance stated that if sanctions are imposed, Russia will diversify its supplies of goods banned from export to the United States.

Senators had planned to take action before the G7 summit in June, but progress on the project was halted amid Trump's statements about resolving the conflict between Russia and Ukraine.