- Cuts off export revenue to Russia and Belarus that can indirectly fund Putin’s war of aggression in Ukraine,
- Calls on U.S. trade partners to take similar steps to sanction Russia,
- Provides off-ramps to these sanctions only if Russia’s aggression ends, their behavior changes, and Ukraine’s freedom is secure, and
- Gives Congressional oversight to this disapproval process.
Washington, D.C. – Congresswoman Elise Stefanik today voted to advance legislation to suspend normal trade relations with Russia and Belarus.
“I am proud to send a clear message to Vladimir Putin today that there are consequences for his bloodthirsty aggression. Our partners in Ukraine deserve to know they have the support of the United States in their fight for their country and their freedom, and Russia should feel the full impact of the United States’ economic power. I have been calling on the Biden administration to issue strong sanctions, and, after months of delay, we are finally one step closer to imposing the full economic might of United States on Russia.”
Specifically, the Suspending Normal Trade Relations with Russia and Belarus Act: