Incoming Trump administration officials reportedly are developing a sanctions strategy that they hope will expedite a peace deal in the Russia-Ukraine war.
The plan being facilitated also focuses squeezing Iran and Venezuela, Bloomberg reported Thursday.
Some of President-elect Donald Trump’s Cabinet nominees, as well as former sanction officials in his first administration, are discussing strategy to end the war, the outlet said.
On Friday, the Biden administration announced it was expanding sanctions against Russia’s critically important energy sector, unveiling a new effort to inflict pain on Moscow.
However, NATO allies appear to be waiting to confer with Trump and his team before deciding whether to support the rollover of European Union sanctions on Russia due at the end of this month and believes the EU should decide only after consulting with the Trump administration, Hungary’s EU minister said Thursday.
“I think it is only natural that before we decide on the rollover for another six months, we ask the incoming U.S. administration how they see the future of the sanctions regime,” Janos Boka told reporters in Brussels.