U.S. sanctions have significantly slowed down Russia - U.S. Commerce Secretary

Gina Raimondo
Gina Raimondo
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U.S. sanctions on microchips have "slowed down Russia significantly," forcing Russia to use chips from household items instead, said U.S. Commerce Secretary Gina Raimondo, Voice of America reported on May 12.

"We imposed restrictions on nearly 700 types of dual-purpose goods exports to Russia and added nearly 100 Chinese companies to the sanctions list for helping Russia circumvent export restrictions," Raimondo said.

Russians can still use commercial chips from common household items, senators noted, adding that this is a sign of the effectiveness of the sanctions.

Read also: Why Western sanctions don’t affect Russia’s appetite for war

"Russia is forced to use chips from breast pumps and refrigerators, and household items like that — and that's what they are doing — precisely because our initial restrictions are working," Raimondo said.

Raimondo is convinced that the U.S. export restrictions have "slowed down Russia significantly" and that the U.S. will continue to expand its sanctions and use "all available means" to solve the problem.

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Read the original article on The New Voice of Ukraine