US senate lawmakers call for stringent financial sanctions against Russia

Members of the US Senate Committee on Foreign Relations called for further business-aimed sanctions against Russia, as pro-Russian separatists continue to occupy key buildings in eastern parts of Ukraine and a strong Russian military presence remains on the border.

The Senators said that the US must apply pressure on Gazprom and other financial arms of Russia if Russia does not take clear steps to de-escalate the situation, reports Reuters.

Responding to rumours of further sanctions, Russia’s ambassador to the US, Sergei Kislyak, warned that sanctions would spark a revival of ‘Cold War mentality.’

“We can withstand pressures’” he said.

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