Sanctions

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Last quote about Sanctions

Hassan Rouhani
In recent months, the world has witnessed that the US, in addition to its constant and repetitive breaking of its promises in the JCPOA [the Joint Comprehensive Plan of Action, the official name of the nuclear deal], has ignored several other global agreements and shown its allies that the US is neither a good partner nor a reliable negotiating party. The full implementation of the nuclear deal benefits the EU and the region; therefore, it is necessary that the EU increases its efforts and role in this regard.feedback
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Aug 19 2017
You can find on this page a variety of quotes, by one or many people, on what they said about Sanctions. 389 people are quoted and you can read 768 citations of them about Sanctions. Rex W. Tillerson, Vladimir Putin, Bob Corker and Nikki Haley, are those who have spoken the most about this topic. Rex W. Tillerson said: “We're not going to give someone a specific number of days or weeks. This is really about the spirit of these talks, and they can demonstrate they're ready to sit with a spirit of finding a way forward in these talks by no longer conducting these missile tests. So this is not a 'give me 30 days and we're ready to talk.' It's not quite that simple. So it is all about how we see their attitude towards approaching a dialogue with us.”.
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All quotes about Sanctions

Michael Tran - RBC Capital Markets

The realignment of trade flows to push Venezuelan crude to Asia...would entail substantial logistical challenges that would on the margin be bullish (for) sour crude markets, but not necessarily sustainably bullish (for) crude prices.feedback

Moon Jae-in

The purpose of strong sanctions and pressure against North Korea is to bring it to the negotiating table, not to raise military tensions.feedback

Jessica Bartlett - Freshfields Bruckhaus Deringer

The areas on which the regulators choose to focus, the pace with which they move and the amount of fines they levy are affected by the US political climate. The targeting of Bank of Dandong probably came out of a criminal complaint and forfeiture action filed by the US Department of Justice against Dandong Hongxiang Industrial Development (DHID), and its majority owner, Ma Xiaohang and three top executives last year. In these situations, it is common the authorities start with one act of wrongdoing, and then use that to explore the situation further.feedback

Jessica Bartlett - Freshfields Bruckhaus Deringer

It not entirely clear to me that FinCEN's action represents anything like a policy change or reaction to recent North Korean activities and might represent the gradual tightening of sanctions on North Korea that started under Obama.feedback

Jessica Bartlett - Freshfields Bruckhaus Deringer

If secondary sanctions were brought in against Chinese banks, they may have little choice but to comply. US regulators have the ultimate weapon of forbidding a bank from clearing US dollars, and since the vast amount of trade is conducted in dollars that would make it near impossible for many Chinese banks to do business. As such, any bank that relies on doing business in US dollars who breaches US sanctions would have no choice but to pay the penalty in fines.feedback

Sayyed Hassan Nasrallah

The American administration, with all available and possible means, will not be able to damage the strength of the resistance.feedback

Hassan Nasrallah - Hezbollah

The Assad regime is here to stay, his army is here to stay, this Syrian state and its institutions are here to stay…President Bashar Assad is here to stay.feedback

Chris Van Hollen

We say to China, You have a choice whether you do business with North Korea or you do business with the U.S. but you can't do both.feedback

H.R. McMaster

Our response is we are prepared militarily to deal with this if necessary. But we're taking all possible actions short of military action to resolve this very grave threat to the United States and the world. And that includes a very, a very determined diplomatic effort led by our Secretary of State. And it also includes increasing sanctions, increasing pressure on the north, to convince Kim Jong Un that this is not in his interests to continue this path of provocation and escalatory actions.feedback

Philip Wen - Reuters

The Chinese border towns offer the closest view you can get of North Korea if you can't get into the country itself. This is the perfect first point of reference to view the impact of sanctions.feedback

Andrew Gilhom

The decision by the Chinese to sign up to UN sanctions on Saturday was a trade off to prevent secondary sanctions being imposed by the US on large Chinese corporates or banks.feedback

Yun Sun

The Chinese operate from the conviction that China remains and will always be the No. 1 strategic threat to the U.S., so the issue of North Korea will be used against China – through sanctions, provocations and everything else.feedback

Steven Mnuchin

Yesterday's illegitimate elections confirm that Maduro is a dictator who disregards the will of the Venezuelan people. By sanctioning Maduro, the United States makes clear our opposition to the politics of his regime and our support for the people of Venezuela who seek to return their country to a full and prosperous democracy.feedback

Nicolas Maduro

If he's so interested in Venezuela, here I am. Mr. Donald Trump, here is my hand. They don't intimidate me. The threats and sanctions of the empire don't intimidate me for a moment. I don't listen to orders from the empire, not now or ever. … Bring on more sanctions, Donald Trump.feedback

Vladimir Putin

Over 1,000 employees – diplomats and technical workers – worked and continue to work today in Russia; 755 will have to stop this activity. We waited for quite some time that maybe something would change for the better, fueled such a hope that the situation would somehow change. But, judging by everything, if it changes, it will not be soon.feedback

David Cohen

Imposing secondary sanctions would send a strong message to North Korean leader Kim Jong Un that the financial noose is tightening in a way that could drive a wedge between Kim and the Pyongyang elite critical to his continued hold on power.feedback

Cheng Xiaohe

The U.S. is not on board, but that disagreement is negotiable. The main obstacle is North Korea. It has said clearly, before and after the new U.N. sanctions, that its nuclear weapons program is not a bargaining chip to exchange for any deals or benefits. It's not negotiable. Then if this isn't negotiable, the dual suspension plan is no longer an interesting game to play.feedback

Jack Reed

The President's 'fire and fury' ad lib was not helpful. Defusing the North Korea threat will take smart, steady leadership and stronger diplomatic ties with our key allies. North Korea is isolated and will face further consequences from the international community for their destabilizing actions. Sanctions on the regime will continue to tighten and the U.S. and international community must work together to strategically apply pressure on North Korea at every point necessary to neutralize this threat.feedback

Marco Rubio

I support the president sanctioning these corrupt Maduro regime officials. The time has now come for the president to act on his promise to impose significant economic sanctions on the illegitimate Maduro dictatorship.feedback

Sarah Sanders

General Kelly and others on the NSC team were well aware of the tone of the statement of the president prior to delivery. The words were his own. The tone and strength of the message were discussed beforehand. They were clear the president was going to respond to North Korea's threats following the sanctions with a strong message in no uncertain terms.feedback

Bob Corker

They can count. They understand math. I just can't imagine they're considering doing so.feedback

Bill English

When a situation is so tense and I think, you're seeing reaction from North Korea, that indicates that kind of comment is more likely to escalate than to settle things. Everyone wants to avoid military confrontation and the path ahead there is for North Korea to comply with the UN sanctions and for international pressure to push them in that direction.feedback

Peter Jennings

In the short term, the Americans will wait and see if the latest sanctions change North Korea's behavior. The problem with Trump's comments is there is no strategy behind them. His remarks don't reflect a carefully thought plan and don't reflect discussions with allies, it just adds more risk to an already risky situation.feedback

Moon Sang-gyun

North Korea should realize if it doesn't stop its … provocations, it will face even stronger pressure and sanctions. We warn North Korea not to test or misunderstand the will of the South Korea-U.S. alliance.feedback

Richard Nephew

With North Korea, even if you take away $1 billion, I think the North Korean regime still feels pretty good about having $3 billion because they're not trying to make their population happy and satisfied in the same way that even Iran is. The problem with sanctions evasion with North Korea is every single small slip-up, every $5 million transaction, every $50 million transaction, is more meaningful to the North Koreans than maybe $1 billion was to the Iranians. This is why evasion with North Korea is even more dangerous.feedback

Scott A. Snyder - Council on Foreign Relations

Those restrictions are already pretty strong but there's an additional effort on that front.feedback

Scott A. Snyder - Council on Foreign Relations

By definition what we don't know is what is not reported. People who go to Pyongyang and ask themselves the question: 'Gosh, it seems like there's a lot of liquidity here. Where is the capital coming from?' I think part of the answer to that question is that not everything that goes into North Korea is officially recorded.feedback

Richard Nephew

They can do the same things that they were doing before. They will continue to try and send cargoes abroad. They'll continue to try and engage in financial transactions. They'll continue to try and sell their goods. And to some extent, they'll find new goods to sell. When you find that you can't sell coal anymore, what that means is you're going to double-down on manufacturing clothing, or something like that. Because that's not yet prohibited.feedback

Scott A. Snyder - Council on Foreign Relations

Even if Chinese customs and border officials were extraordinarily scrupulous in doing their jobs, is it plausible to imagine that shady Chinese actors who are willing to circumvent Chinese regulations would not continue to engage with North Korean actors given the likelihood that the risk, and therefore the profit margins, would be even higher?feedback

Richard Nephew

So you now have a set of restrictions on what people can buy from North Korea. Are they actually going to hold to that? And are they going to inspect ships and cargo containers and so forth when they are coming from North Korea to prove that, in fact, they aren't breaking those terms? Those are the problems that have bedeviled UN sanctions for quite a long time–and North Korea sanctions in particular.feedback

Scott A. Snyder - Council on Foreign Relations

We've seen the Chinese stop recording oil exports to North Korea.feedback

Wang Yi

Given China's traditional economic links with the DPRK, it is China that will mainly pay the price for the implementation of (the sanctions). China will continue to fully and strictly implement all the contents of the resolution to safeguard the international nuclear non-proliferation regime and maintain regional peace and stability.feedback

Richard Bitzinger

North Korea is already a de facto nuclear state and it's doubtful that sanctions are going to do anything to affect this. Sanctions are mainly a feel-good exercise for the countries implementing them.feedback

Adam Mount - Center for American Progress

The Trump administration has contradicted itself on every piece of its North Korea policy. They continue to look for easy answers where there are none. Each time they contradict a policy, it makes them harder to go down that route. And with very few tools to choose from, they are severely limiting their own options. Meanwhile, they have been neglecting pressing imperatives: reassurance of American allies, re-evaluating whether allied deterrence posture remains sound, and enforcing the sanctions authority they already have.feedback

Wang Li

But they (the traders) will find a covert way around the ban.feedback

Dmitry Medvedev

The US establishment has fully outwitted Trump; the president is not happy about the new sanctions, yet he could not but sign the bill. The issue of new sanctions came about, primarily, as another way to knock Trump down a peg. New steps are to come, and they will ultimately aim to remove him from power. A non-systemic player has to be removed.feedback

Olivia Beavers - The Hill

It is time for North Korea to realize, we are not playing anymore,' [U.S. Ambassador to the U.N. Nikki] Haley said … The sanctions largely target North Korea's major exports such as coal, iron and seafood, Haley said. A third of their trade exports have been hit, and we basically gave them a kick in the gut with a billion dollars of sanctions that they are going to begin to feel right away,' she continued, adding that the measure 'sends a really strong message.feedback

Rex W. Tillerson

We're not going to give someone a specific number of days or weeks. This is really about the spirit of these talks, and they can demonstrate they're ready to sit with a spirit of finding a way forward in these talks by no longer conducting these missile tests. So this is not a 'give me 30 days and we're ready to talk.' It's not quite that simple. So it is all about how we see their attitude towards approaching a dialogue with us.feedback

Kyle Ferrier

Given increased missile activity this year and past responses to U.N. sanctions, it seems very likely that North Korea will launch a sequence of short-range missiles in the coming days or weeks.feedback

Rajiv Biswas - IHS Economics & Country Risk

Around 34 percent of the total economy will be experiencing output declines, while the remaining manufacturing, services and construction sectors will also be weak.feedback

Jean Lee

U.S. officials are no doubt pleased that China backed the sanctions, but it's whether Beijing puts pressure on all entities to enforce them that matters. Whether Pyongyang responds with restraint or pushes back against Beijing with more military provocations is what we'll be watching.feedback

Scott Seaman - Eurasia Group

This regime has shown no desire to bend to the will of the international community – everything that's thrown its way is something Kim feels the need to respond to.feedback

Nikki Haley

The United States will respond based on North Korea's actions. We hope that they don't do anything further. We hope that they stop this reckless activity, we hope we don't have to do anything, but all options have always been on the table and will continue to be on the table. A third of their trade exports have been hit and we gave them basically a kick in the gut with a billion dollars of sanctions that they're going to start to feel right away. It's going to be very strong and it's time for North Korea to realize we're not playing anymore.feedback

Susan Thornton

We want to make sure China is continuing to implement fully the sanctions regime. Not this kind of episodic back and forth that we've seen.feedback

Wang Yi

Do not violate the U.N.'s decision or provoke the international society's goodwill by conducting missile launches or nuclear test. At this critical moment, we urge every party to remain calm, to take a decision that helps to reduce tensions, resume negotiations and secure regional peace development.feedback

Sergey Lavrov

We would be interested to see what impression the U.S. special envoy has on the current state of affairs.feedback

R.C. Hammond

It was a productive day one at ASEAN. Good alignment on message to Democratic People's Republic of Korea. The Secretary spent a few hours preparing for day two, still a lot to do.feedback

Susan Thornton

Certainly, we want to resolve this issue through negotiations, and this pressure campaign, the sanctions, it's all about trying to convince the North Koreans that the fast way forward is to come back to the table and talk.feedback

Mary Anastasia O’Grady

Castro is calling the shots in Caracas. Sanctions have to be aimed at him.feedback

Sergey Lavrov

He was primarily interested … in details of those decisions that we grudgingly made in response to the law on anti-Russian sanctions. We provided an explanation. We felt the readiness of our U.S. colleagues to continue dialogue. I think there's no alternative to that.feedback

Donald J. Trump

The United Nationals Security Council just voted to 15-0 to saction North Korea. China and Russia voted with us. Very big financial impact!feedback

Wang Yi

After the implementation of the resolutions, the Korean peninsula issue enters into a critical juncture. We call on all sides to take a responsible attitude when making judgements and taking actions.... We cannot do one and neglect the other. Sanctions are needed but sanctions are not the final goal.feedback

Nikki Haley

We should not fool ourselves into thinking we have solved the problem – not even close. The threat of an outlaw nuclearized North Korean dictatorship remains ... (and) is rapidly growing more dangerous.feedback

Nikki Haley

This resolution is the single largest economic sanctions package ever leveled against the North Korean regime. This is the most stringent set of sanctions on any country in a generation. These sanctions will cut deep, and in doing so will give the North Korean leadership a taste of the deprivations they have chosen to inflict on the North Korean people. Revenues aren't going toward feeding its people. Instead, the North Korean regime is literally starving its people and enslaving them in mines and factories in order to fund these illegal missile programs.feedback

Alan Peter Cayetano

If we go harsh with everyone, our people will suffer – trade, direct foreign investments, tourism.feedback

Susan Thornton

I think we still are going to be watchful as to their implementation of the sanctions.feedback

Susan Thornton

The engagement is not a question. The fact that the Chinese were helpful and instrumental really in setting up this set of sanctions, this really sweeping set of international sanctions, shows that they realize it's a huge problem that they need to take on and is a threat to them.feedback

Liu Jieyi

We have been working very hard for some time, and we certainly hope that this is going to be a consensus resolution.feedback

Seva Gunitsky

[Trump's comments are] oddly similar to the Russian response. MFA's focus on 'certain circles' signals they're still appealing to Trump's distrust of Congress/deep state – and he agreed.feedback

Jim Miller

We have been having meetings with the Secretary of Agriculture, with the U.S. Trade Representative, and talking to them about the importance of trade and how important it is to agriculture – and letting them know what kind of impact sanctions would have on agriculture.feedback

Inan Demir

The macroeconomic impact or the balance of payments growth impact from the sanctions will remain limited.feedback

Dmitry Medvedev

The Trump administration has shown its total weakness by handing over executive power to Congress in the most humiliating way. This changes the power balance in U.S. political circles. The U.S. establishment fully outwitted Trump; the President is not happy about the new sanctions, yet he could not but sign the bill.feedback

Steven Mnuchin

As President Trump has made clear, the United States will not ignore the Maduro regime's ongoing efforts to undermine democracy, freedom, and the rule of law. As our sanctions demonstrate, the United States is standing by the Venezuelan people in their quest to restore their country to a full and prosperous democracy. Anyone elected to the National Constituent Assembly should know that their role in undermining democratic processes and institutions in Venezuela could expose them to potential U.S. sanctions.feedback

Donald J. Trump

In its haste to pass this legislation, the Congress included a number of clearly unconstitutional provisions. I built a truly great company worth many billions of dollars. That is a big part of the reason I was elected. As president, I can make far better deals with foreign countries than Congress.feedback

Alexey Pushkov

Trump called the sanctions law 'seriously flawed'. It's true, but America's whole Russia policy is flawed, especially the Congressional line. Only flaws.feedback

Igor Sechin - Rosneft

Sometimes, it seems to me that the biggest sanctions aren't aimed at us, but at Trump.feedback

Alexey Pushkov

American sanctions are bad to the Americans themselves. They're tying Trump's hands, angering the E.U., pushing Russia away. But Congress is seized with a shark-like madness–they're hungry for blood.feedback

Igor Sechin - Rosneft

Even the president of the U.S. said that the law is not a good one. He objected but he signed it. What else is there to say? Of course it's not a good law, they all get it.feedback

Olga Oliker

I feel like there's several policies being implemented at once, and they're not very compatible with one another. This is one more.feedback

Tatiana Mitrova

The price of any project automatically increases. Gazprom's relationships with partners, subcontractors, and equipment and service providers are severely complicated. They will all ask for a risk premium.feedback

Katja Yafimova

This, however, does not mean that Nord Stream 2 won't be built.feedback

Chris Williamson - Markit

Clearly they've made mistakes, they didn't do enough to diversify the economy. But look, they're under incredible pressure and there's a very one-sided, one-eyed view of the situation there very often in the British media. Clearly it can't be right, can it, that in a situation where there is a massive crisis in Venezuela at the moment to impose sanctions on the country.feedback

Nikolai Tokarev - Transneft

Furthermore, we do not attract external financing, we take no loans, we have enough of our own funds.feedback

Nikolai Tokarev - Transneft

This will not affect us in any way. We have already considered and studied all this. I believe these sanctions will not acquire a painful and sensitive form to hurt us.feedback

Igor Sechin - Rosneft

The sanctions are beginning to backfire on those who are introducing them, which is positive. The powers of the U.S. president are limited, and sometimes it seems to me that sanctions are imposed on him, not us. As for the negative consequences, as I said, they (the U.S. sanctions) are starting to work against our American partners. As for the positive ones, you will learn about them in the next four weeks.feedback

Harold Koh

It is flagging those areas where the administration sees itself as having wiggle room to under-enforce the law by citing claimed constitutional concerns.feedback

Abbas Araqchi

What Total did and the contract that was signed between this company and Iran sent a message from Europe to the Americans that whatever the conditions, they will continue their economic relations with Iran.feedback

Nicolas Maduro

Impose all the sanctions you want! The Venezuelan people have decided to be free, and I've decided to be the president of a free people.feedback

Donald J. Trump

I nevertheless expect to honor the bill's extended waiting periods to ensure that the Congress will have a full opportunity to avail itself of the bill's review procedures.feedback

Mike Pence

President Trump will sign the Russia sanctions bill soon. And let me say that in signing the sanction, our President and our Congress are speaking with a unified voice.feedback

Stephen Pifer - 21st Century

They don't have possibility of announcing economic sanctions that will impact U.S. economy the way U.S. sanctions will impact theirs.feedback

William Jackson - Capital Economics

They left open the option of increasing the sanctions, either halting oil imports from Venezuela or halting the export of refined oil products back to Venezuela, either of which could harm the economy.feedback

Mike Pence

We hope for better days, and we hope for better relations with Russia, but the recent diplomatic action taken by Moscow, I can assure, will not deter the commitment of the United States to our security, to that of our allies, and to freedom-loving nations around the world like Georgia. The current Russian exercises, which news reports today suggest will move up to 100,000 Russian troops into Belarus, is simply a confirmation of the importance of clarity within the NATO partnership.feedback

Mike Pence

In a sign of our commitment, very soon, President Trump will sign legislation to strengthen and codify the United States' sanctions against Russia. As always, our country prefers a constructive relationship with Russia based on cooperation and common interests.feedback

Martin Lederman

The particular constitutional objections in the signing statement are not groundbreaking or particularly noteworthy – they reflect the likely views of most any administration, including the Obama administration. Those objections are minor and discrete, however. They are unlikely to have any practical effect, and certainly do not make the legislation 'significantly flawed,' contrary to what the president stated.feedback

Seth Meyers

Now admittedly, Trump did talk about God a lot during the campaign, but what he had to say about God was a real mixed bag.feedback

Trevor Noah

Not only did they put sanctions on Russia, they've effectively put sanctions on Donald Trump. And by the way, it wasn't even close. Not only did the sanctions pass the Senate by 98-2, in the House the vote was 419-3. Everyone in congress went up against Russia like it was Ted Cruz. I don't know about you, but this shit is starting to scare me. They have a missile that can hit New York. If it can make it here ... it can make it anywhere.feedback

Trevor Noah

I don't know if the US can afford to get into another cold war, because the scary news is there may be a hot one right around the corner.feedback

Trevor Noah

While we know that the autocrat billionaire brothers from another mother badly want to improve US-Russia relations, it seems like it's not going quite that way.feedback

Stephen Colbert

Now, asked about this report in today's televised press briefing, White House press secretary and elementary-school-teacher-who-cries-in-the-art-supplies-closet, Sarah Huckabee Sanders, defended the president.feedback

Seth Meyers

One moment that best illustrated Trump's unfamiliarity with the Bible was when he referred to Second Corinthians during a speech at Liberty University, but called it something else. Two Corinthians, like it's a sequel to an action movie. And according to a Politico article from April, aside from Trump attending church services on inauguration day, making an appearance at the National Prayer Breakfast, and going to service on Easter, there's no public knowledge of any other church services that Trump has attended.feedback

Trevor Noah

I will say, though, the joke's on Kim Jung-Un, because if he tries to send a missile to New York, we'll all have time to evacuate because the missile will get stuck in traffic in the Lincoln Tunnel.feedback

Stephen Colbert

Yes, they wanted it to be truthful. So they can just plead, We'd prefer to be innocent. But the president ignored his advisors and instead dictated a statement that was clearly a coverup to hide their eagerness to collude with the Russians. Now, this looks bad. And is bad. But according to his advisors, Trump 'Believes he is innocent and therefore does not think he is at any legal risk'. And everyone knows, you can't be convicted if you're not guilty in your mind.feedback

Stephen Colbert

For Donald Trump, it has been a rough couple of ... his entire presidency. The chaos coming out of the White House is just coming at you so fast it's hard to keep track of it. But come with me now into the past. Try to remember what we were talking about last month. Yes, like any father would. It's one of those father-son things, like playing catch or going fishing or preventing your son from implicating you in treason.feedback

Seth Meyers

And that makes sense because Trump would hate church. It's an hour of people talking about someone other than him.feedback

Seth Meyers

Now that he's president, Trump is realizing just how difficult the job is. He doesn't have much to show for: his health care bill failed, there's constant infighting and staff changes in the White House, and of course the Russia investigation continues to loom over him. And it's often in dark times like this that a man will turn to God. Not only is the Bible better than The Art of the Deal, it's also the opposite. The only thing they have in common is that Trump has never read either of them.feedback

Brigitte Zypries

I am counting on ... President Trump to use the leeway given to him by the law so that those sanctions don't happen. That would be a clear signal that close cooperation between the USA and Europe will continue.feedback

Donald J. Trump

While I favor tough measures to punish and deter aggressive and destabilizing behavior by Iran, North Korea, and Russia, this legislation is significantly flawed. It represents the will of the American people to see Russia take steps to improve relations with the United States.feedback

Vladimir Putin

They say they will have to cut a lot of jobs – not just diplomats and technical staff, but also in the ancillary services, including drivers, janitors and cooks. I hope I won't be in trouble, but who knows.feedback

Mike Pence

As always, our country prefers a constructive relationship with Russia based on cooperation and common interests. But the President and our Congress are unified in our message to Russia: A better relationship, the lifting of sanctions will require Russia to reverse the actions that caused sanctions to be imposed in the first place. No threat looms larger in the Baltic states than the spectre of aggression from your unpredictable neighbour to the east.feedback

David Smilde

Maduro's going to have a good laugh with this. It's not going to amount to a lot.feedback

Anthony Scaramucci

He may sign the sanctions exactly the way they are, or he may veto the sanctions and negotiate an even tougher deal against the Russians.feedback

Rex W. Tillerson

I think from his perspective and how he looks in the eyes of his own people, he felt he had to do something. Does it make our life more difficult? Of course it makes our life more difficult.feedback

Rex W. Tillerson

The action by the Congress to put these sanctions in place and the way they did, neither the president nor I are very happy about that. We were clear that we didn't think it was going to be helpful to our efforts, but that's the decision they made. They made it in an overwhelming way. I think the president accepts that and all indications are he will sign that bill. And then, we'll just work with it.feedback

Andy Lipow - Lipow Oil Associates

The fact is that U.S. supplies are five days away from Veneuzuela, whereas these other suppliers are several weeks away. The cost would increase.feedback

Stuart Culverhouse - Exotix

Personal sanctions make it harder for the elite to benefit from corruption and increase the punishment associated with it. But, as the experience of sanctions elsewhere shows, it can take a long time to achieve the desired effect.feedback

Zachary Keck

Placing sanctions on China is unlikely to have much success. Ultimately, Chinese leaders' calculus – that living with a stable if nuclear-armed North Korea is better than living with millions of refugees flooding into their country – won't change.feedback

Boris Johnson

Venezuela stands on the brink of disaster and Nicholas Maduro's government must stop before it is too late. The country is turning on itself - more than 100 have died already - and democracy and basic rights are in jeopardy. The dubious Constituent Assembly vote has dramatically deepened the problems and ramped up tensions. It is time for the government to see sense and start working with the opposition on a way forward that brings the people of Venezuela back together.feedback

Bill Evanina - National Security Agency

I can tell you, the FBI does not have less work. We have a significantly ... smaller footprint over there than they do here. It's always going to be disproportionate.feedback

Nicolas Maduro

Sanctions from the empire don't scare me. The emperor Donald Trump took decisions against me that show his desperation and hate. I don't obey orders from foreign governments and never will... Sanction me as you wish, but the Venezuelan people have decided to be free and I am the independent president of a free nation.feedback

Boris Johnson

Venezuela stands on the brink of disaster and Nicolas Maduro's government must stop before it is too late. The country is turning on itself -- more than 100 have died already -- and democracy and basic rights are in jeopardy.feedback

Dany Bahar

The sanctions are a very delicate topic because they are a double-edged sword.feedback

Alan Duncan

This will enable us to impose sanctions as appropriate either alone or with partners in the EU and around the world, to take targeted action against countries, organizations and individuals who contravene international law, commit or finance terrorism or threaten international peace and security.feedback

Cliff Kupchan - Eurasia Group

If this nuclear agreement goes south, the Iranians want blame to lie squarely on Washington's front porch.feedback

Michael Shifter - Inter-American

Venezuelans are already in misery. US oil sanctions would make them worse off. The government would probably survive – and also claim more credence for their narrative about being victims of economic war. It would be better for others to encourage a soft landing. If Maduro continues to dig in, it will get ugly and that is not in the interests of Cuba, China or Russia.feedback

Mike Pence

The "lifting of sanctions will require Russia to reverse the actions that caused sanctions to be imposed in the first place. Russia's destabilising activities in Ukraine, their support for rogue regimes like Iran and Syria and North Korea ... their posture has to change.feedback

Ali Larijani

Iran has complained to the (Joint) Commission (of the JCPOA) for the breach of the deal by America.feedback

Steven Mnuchin

Yesterday's illegitimate elections confirm that Maduro is a dictator who disregards the will of the Venezuelan people. We don't comment on future sanctions, but we will continue to monitor the situation.feedback

Jeffrey Halley

Inventories are showing massive drawdowns, Saudi Arabia seems intent on playing its role as the world's swing producer ahead of the Aramco IPO, impending sanctions on Venezuela by the US will almost certainly be oil price supportive with a weaker US dollar and conflict within Washington DC all lending a hand. There also appears to be less urgency by shale producers to hedge forward production for now which has snuffed out previous rallies.feedback

Abraham Denmark

They've been very clear that they are willing to inflict some economic pain on North Korea, but not to the degree that it would threaten the stability of the regime. And that is why China continues to pump the brakes on international sanctions.feedback

Bruce Klingner

If you talk to people who work sanctions in the U.S. government, they'll say they've had evidence for years against North Korean and Chinese violators of U.S. law, but they were prevented from implementing it by senior officials.feedback

William Browder - Heritage Capital

There are approximately 10,000 officials in Russia working for Putin who are given instructions to kill, torture, kidnap, extort money from people and seize their property. Before the Magnitsky Act, Putin could guarantee them impunity and this system of illegal wealth accumulation worked smoothly. However, after the passage of the Magnitsky Act, Putin's guarantee disappeared. Based on the language of the Magnitsky Act, this would make Putin personally subject to Magnitsky sanctions.feedback

Brigitte Zypries

The U.S. has left the common line it had with Europe for sanctions against Russia.feedback

Heather Nauert

We will continue to take strong and swift actions against the architects of authoritarianism in Venezuela, including those who participate in the National Constituent Assembly as a result of today's flawed election. We encourage governments in the hemisphere and around the world to take strong action to hold accountable those who undermine democracy, deny human rights, bear responsibility for violence and repression, or engage in corrupt practices.feedback

Giovanni Staunovo - UBS

The latest sanctions are more symbolic than anything else, as the oil sector remains exempted.feedback

Mohammad Javad Zarif

Iran–unlike the U.S.–has complied in good faith with the letter and spirit of JCPOA. Rhetoric and actions from U.S. show bad faith. Every word of JCPOA carefully negotiated. Iran does not develop missiles that are 'designed to be capable of delivering nuclear weapons.' Iran is not and will not be developing nuclear weapons; so by definition cannot develop anything designed to be capable of delivering them.feedback

Nicolas Maduro

Some of them will end up in cells facing justice, while others will end up in a psychiatric ward because they have shown clear signs of insanity. We must impose order.feedback

Mike Pence

To be clear: We hope for better days, and better relations with Russia, recent diplomatic action taken by Moscow will not deter the commitment of the United States to our security, the security of our allies, and the security of freedom-loving nations around the world. We stand together, here and across the world, because we know that a strong and united NATO is more necessary today than at any point since the collapse of Communism a quarter-century ago, and no threat looms larger in the Baltic states than the specter of aggression from your unpredictable neighbor to the east.feedback

Mike Pence

To our allies here in Eastern Europe, we are with you, we stand with you on behalf of freedom and it is a great honor for me to be here. The president has made it very clear, that Russia's destabilizing activities, its support for rogue regimes, its activities in Ukraine are unacceptable. And the president made it very clear that very soon he will sign the sanctions from the Congress of the United States to reinforce that.feedback

Vladimir Putin

We have seen a lot of provocation – illegal diplomatic property seizure, illegal sanctions that contradicting W.T.O. norms. We practice restraint with this, but someday we'll have to answer to such hostility.feedback

John McCain

Over the last eight months what price has Russia paid for attacking our elections? Very little.feedback

Sarah Huckabee Sanders

President Donald J. Trump read early drafts of the bill and negotiated regarding critical elements of it. He has now reviewed the final version and, based on its responsiveness to his negotiations, approves the bill and intends to sign it.feedback

John McCain

The United States of America needs to send a strong message to Vladimir Putin and any other aggressor that we will not tolerate attacks on our democracy.feedback

Kim Jong-un

The U.S. trumpeting about war and extreme sanctions and threat against the D.P.R.K. only emboldens the latter and offers a better excuse for its access to nukes.feedback

Mohammad Javad Zarif

If it was up to me, I would have had them noncompliant 180 days ago.feedback

Steven Mnuchin

The U.S. government will continue to aggressively counter Iran's ballistic missile-related activity, whether it be a provocative space launch, its development of threatening ballistic missile systems, or likely support to Yemeni Houthi missile attacks on Saudi Arabia such as occurred this past weekend. These sanctions target key entities involved in Iran's ballistic missile program, and underscore the United States' deep concerns with Iran's continued development and testing of ballistic missiles and other provocative behavior.feedback

Adam Smith

There are other economic tools. There are companies that depend on Russian goods, and Russia is still a major energy producer. But in using economic tools, Russia risks potentially being collateral damage.feedback

Maria Olson

We have received the Russian government notification. Ambassador [John] Tefft expressed his strong disappointment and protest. We have passed the notification back to Washington for review.feedback

Timothy Ash

Either investors are in denial (over the sanctions impact), or assume (President Donald) Trump will block or buy into the durability of the Russian economy angle. Upside currently in oil prices is helping.feedback

Vladimir Putin

We are behaving in a very restrained and patient way, but at some moment we will need to respond. It's impossible to endlessly tolerate this kind of insolence towards our country. This practice is unacceptable -- it destroys internatioanl relations and international law. It's a great pity that Russian-US relations are being sacrificed to resolve questions of domestic politics.feedback

Marco Rubio

What unifies us today in this cause isn't interference in another country's affairs, but support for its people.feedback

Marco Rubio

There is high-level engagement throughout this administration on this issue.feedback

Fumio Kishida

Given that we can't expect meaningful dialogue, increasing pressure on them is essential.feedback

Lu Kang

We are resolutely opposed to any country implementing any unilateral sanctions outside the UN Security Council framework, especially those targeting Chinese enterprises and individuals. If Japan insists on doing this it will create major political obstacles for cooperation between China and Japan on the Korean Peninsula issue.feedback

Nicolas Maduro

Who do these imperialists in the United States think they are? The government of the world?feedback

William Browder - Heritage Capital

These sanctions will not go away. To the extent that the president wants to be nice to Russia, he's going to have to find issues to be nice to Russia that don't include sanctions, because we now have sanctions completely locked up via an act of Congress.feedback

William Browder - Heritage Capital

The Russians, as you know, are out to get me, they're out to kill me, they have threatened to kill me, but today is no different than any other day.feedback

William Browder - Heritage Capital

It's a powerful piece of legislation, it really tells Putin what we think of him, and effectively the president doesn't have much of a choice here.feedback

Edward Fishman

This bill doesn't preclude him from issuing tougher sanctions. That doesn't make any sense.feedback

Sarah Huckabee Sanders

The president and the administration support sanctions against Russia, Iran and North Korea. We continue to support strong sanctions against those three countries, and we're going to wait and see what that final legislation looks like and make a decision at that point.feedback

Vladimir Putin

If it is really the case [approval of sanctions], this arouses deep regrets because such actions imply aggravating circumstances and special cynicism. Because this is an obvious attempt to use geopolitical advantages in competition to pursue its economic interests at the expense of its allies. As for the transboundary nature of the US legislation, I have been talking about it for a long time - way back in 2007, in Munich [at a conference on security issues] I talked about it, that's exactly what I said. We have never disagreed with this and will not agree.feedback

Alexei Kudrin

In the next six to seven years we could not notice the decline in the areas of productivity and technological development. In the end we will see it, because others will grow faster, but by then it will be difficult to change something. In its current form, the tightening of sanctions under discussion wouldn't seriously affect the Russian economy, there aren't serious changes with the version that exists. But the hope that sanctions would be canceled in the coming years has now faded.feedback

Jon Lieber

This reflects Congress running out of patience with the Trump administration. The Republicans said, We'll give you a chance, time to fix [the Russian threat].' Now it's four or five months later, they haven't fixed it, and it seems like they might be backsliding. There are serious concerns on Capitol Hill about the administration's ability to deal with Russia.feedback

Jon Lieber

That would probably be considered a feature not a bug. Most members on the Hill see Russia as a geopolitical foe. As long as Putin remains in power, they want this to be an impediment to improving relations.feedback

Sergei Ryabkov

After these kinds of moves it's not possible to talk about any kind of respect or being prepared to partner with the authors of initiatives like this.feedback

Heather Conley

Domestically, they have stabilized from the strong economic drop two and a half years ago but, again, this is not a great trajectory–there are really great strains in rural areas. They do in fact want sanctions released and financial markets much more open.feedback

Ben Cardin

There's nothing in the bill that I find problematic. I hope we pass it the way it is.feedback

AshLee Strong

The House passed the Iran, Russia, North Korea sanctions package in a decisive bipartisan vote of 419-3, and we look forward to the Senate acting on it without delay.feedback

Bob Corker

It's not going to become a calamity. We will work out a way to get through this. Not a word of the North Korea bill has been looked at over here. Not a word.feedback

Vladimir Putin

This goes beyond all reasonable bounds. And now these sanctions -- they are also absolutely unlawful from the point of view of international law.feedback

Vladimir Putin

As you know, we are exercising restraint and patience, but at some moment we'll have to retaliate. It's impossible to endlessly tolerate this boorishness towards our country. When will our response follow? What will it be? That will depend on the final version of the draft law which is now being debated in the U.S. Senate.feedback

Sauli Niinisto

I do not quite agree with you that the issue is about imposing sanctions or adhering to U.S. laws. I understand it is the suspicions about the American election process that lie behind this. That is why the United States is proposing sanctions.feedback

Vladimir Putin

At a certain moment we will have to respond. It is impossible to put up forever with such boorishness toward our country.feedback

Kim Hyo Sim

The U.S. is always putting sanctions on our country and is always trying to isolate us. But just as we won a victory under the leadership of our generalissimos (in the Korean War), we will win under the wise leadership of Marshal Kim Jong Un. I'd say our two countries are now under the same conditions of war as in the past, so I think the situation then and now isn't so different. Even though we don't want to have a war with anyone, if the U.S. provokes a war with our country we will surely win.feedback

Francisco Monaldi

It will put Pdvsa on its knees and almost certainly lead to default.feedback

Luis E. Giusti

They have shown that they can get along so I'm not sure suspending the purchasing of 700,000 barrels will crack the government. How much more things will deteriorate compared to what is happening now is a big question that doesn't have a straightforward answer.feedback

David Goldwyn

It's complicated. Tough sanctions could lead to a default on their bonds and a collapse of internal investment and oil production. Other impacts could include civil unrest, refugee flows across their borders, and a cutoff of Venezuelan financial support to Cuba and Haiti that could lead to migration flows to the United States.feedback

Chet Thompson - American Fuel & Petrochemical Manufacturers

In the short term it's going to be very disruptive. You are going to end up driving fuel prices up.feedback

Alexei Kudrin

To what extent the president will use that [window], we don't know. After previous elections that window for reforms wasn't used.feedback

Robert Menendez

The world is watching and our hemisphere must not stand by as Venezuela burns and millions clamor for help.feedback

Bob Corker

That's the likely scenario. It's not an affront, it's just a timing issue. Last night when we left the floor, that was what was being discussed. I understand that's not where the House wants to be, and we're going to have to figure something out.feedback

Matt Sparks

That is why the House added the previously House-passed North Korea sanctions bill – which has been languishing in the Senate for over two months – to the Senate bill.feedback

Cletsi Xavier

It's the only way to show we are not with Maduro. They are few, but they have the weapons and the money.feedback

Kevin McCarthy

If we had known that North Korea was coming over, we would have been negotiating those over the last six weeks.feedback

Bob Corker

Which I know they're adamantly opposed to. That's the likely scenario. It's not an affront, it's just a timing issue.feedback

Ed Royce

The Senate did not take up the bill, even after Kim Jong Un launched a new ICBM that could soon be capable of hitting California. Now the House has acted again, by a vote of 419 to 3. Further delay on North Korea is completely unacceptable.feedback

Sergei Ryabkov

This is already having an extremely negative impact on the process of normalising our relations.feedback

Eliot Engel

It's critical the Senate act promptly on this legislation.feedback

Jean-Claude Juncker - European Commission

The EU is fully committed to the Russia sanctions regime. However, G7 unity on sanctions and close coordination among allies are at the heart of ensuring the full implementation of the Minsk Agreements. This is a core objective that the EU and the US share. The US Bill could have unintended unilateral effects that impact the EU's energy security interests. This is why the Commission concluded today that if our concerns are not taken into account sufficiently, we stand ready to act appropriately within a matter of days. America first cannot mean that Europe's interests come last.feedback

Nikki Haley

We're constantly in touch with China ... Things are moving but it's still too early to tell how far they'll move.feedback

Joel Ross - Verisk Maplecroft

Sanctions would hit ordinary Venezuelan families hardest, but they would also increase pressure from the military for Maduro's resignation. This is because reduced revenues from oil exports would shut down Venezuela's access to foreign currency, impacting the distribution of food and medicine that the armed forces control as part of a complex patronage system.feedback

Ed Royce

These three regimes in different parts of the world are threatening vital U.S. interests, and they are destabilizing their neighbors. It is well past time that we forcefully respond.feedback

Nikki Haley

We know that China's been sharing and negotiating with Russia, so as long as they are doing that, we're going to continue to watch this closely to make sure it is a strong resolution. The true test will be what [the Chinese] have worked out with Russia [and whether] Russia comes and tries to pull out of that. Everyone that we have dealt with acknowledges that it's an ICBM. Whether they are willing to put it in writing or not is going to be the real question. We want China and every other country to see it as serious and we're going to keep moving forward that way.feedback

Franklin Duarte

What the United States is doing is bringing to light corruption in the Venezuelan government. This is the second list and we expect another one on Friday.feedback

Bob Corker

The news of the day is, the Russia sanctions bill will become law. O.K.?feedback

Bob Corker

We expressed concerns about it. They decided to add it. I don't take affront.feedback

Ben Cardin

Today's announcement of sanctions against 13 senior government and military officials is an important step to hold Venezuela's leaders accountable for their actions.feedback

Oleg Khokhlov - Goltsblat BLP

There were sort of expectations that the sanctions would be gradually lifted because there would be progress in the political settlements in Ukraine. The question was when would it happen. With these sanctions now about to be converted into law, that makes it much more difficult, and you just have to realize that it is going to be for a long time.feedback

Sergei Ryabkov

The authors and sponsors of this bill are making a very serious step toward destruction of prospects for normalizing relations with Russia and do not conceal that that's their target.feedback

Alexis Rodzianko

If there is no coordination, everyone goes their own way. We don't like them.feedback

Dmitri S. Peskov

In the meantime, it can be said that the news is quite sad with regard to Russia-U.S. relations and prospects for their development.feedback

Alejandro Pérez

It is an extreme measure but one we've had to arrive at because the government fails to listen to what the people want.feedback

Hassan Rouhani

If the enemy steps over part of the agreement, we will do the same, and if they step over the entire deal, we will do the same too, . We must always develop our defence capability and we will strengthen our defensive weapons regardless of the opinion of others.feedback

Ed Royce

As US intelligence agencies have made clear, [Putin] attempted to interfere with our own election. Left unchecked, Russia is sure to continue its aggression.feedback