
US Department of Commerce building in Washington. File photoWASHINGTON, Jul 19 The United States has cut exports to Russia by 88% since the end of February, US Undersecretary of Commerce Alan Estevez said. «Overall, US exports to Russia are down about 88% in value terms compared with the same period in 2021,» he said, speaking at a congressional hearing. after the start of the special operation of the Russian Federation in Ukraine, a number of tough sanctions were imposed on Russia. Russian President Vladimir Putin said that the policy of containment and weakening of Russia is a long-term strategy of the West, and the sanctions dealt a serious blow to the entire world economy. According to the President of the Russian Federation, the United States and the European Union have actually declared a default on obligations to Russia, freezing its foreign exchange reserves. Estevez explained that this is a reporting period from February 24 to July 1. Referring to expert calculations, he said that 37 countries that apply similar measures of export control, have reduced deliveries to Russia by 60%, and the states remaining aloof from sanctions — by 40%. The calculation, according to the deputy minister, takes into account 54 countries, which, according to Estevez, account for 90% of Russian imports. Estevez also said that since February 24, US authorities have intercepted 218 shipments to Russia worth $90 million. The US Department of Commerce has also identified more than 150 aircraft they believe are operating in Russia and Belarus in violation of sanctions, he said. The United States admitted that no weapon will help Ukraine defeat Russia

