US, EU Having Productive' Talks About Increasing Pressure On Russian Economy - Treasury

US, EU Having Productive' Talks About Increasing Pressure on Russian Economy - Treasury

The United States has been in productive talks with its European partners on applying additional pressure on Russia's economy, US Acting Deputy Treasury Secretary Sigal Mandelker said in a congressional hearing on Tuesday.

WASHINGTON (Pakistan Point News / Sputnik - 21st August, 2018) The United States has been in productive talks with its European partners on applying additional pressure on Russia's economy, US Acting Deputy Treasury Secretary Sigal Mandelker said in a congressional hearing on Tuesday.

"We are going to continue to work with our colleagues in the EU to have them continue to ratchet up the pressure that we've already been placing on the Russian economy," Mandelker told the Senate Banking Committee. "Those discussions have been quite productive."

Washington, she added, is engaging with European countries on anti-Russia sanctions imposed in recent months in response to Moscow's activity in cyber space and other malign actions.

Mandelker said that President Donald Trump's administration did not change the mandate of the Department of Treasury even after his summit with Russian President Vladimir Putin in Helsinki.

Earlier in the day, the Trump administration added two Russian nationals and three companies to the list of individuals and companies sanctioned by the United States.