Harris warns Russia about “unprecedented” economic costs if it invades Ukraine


Munich — The United States and its allies will impose “important and unprecedented” economic measures on Russia if Russia attacks Ukraine, US Vice President Kamala Harris said Saturday.

“Borders should not be forced to change,” she said at the Munich Security Council.

“If Russia invades Ukraine further, the United States, along with its allies and partners, will impose unprecedented significant economic costs,” she said.

“We have prepared a swift, rigorous and united financial measure,” Harris added. “We target Russian financial institutions and major industries.”

She said Washington would go beyond economic action to further strengthen the eastern side of NATO.

Harris added that the United States and its allies remained open to diplomacy, but said Russia’s “actions simply do not match their words.”

The day after President Joe Biden said he was “confident” that Russia had decided to invade Ukraine, she was expected to meet with Ukrainian President Volodymyr Zelensky in Munich later Saturday.

Russia, which said it had no plans for aggression, wants to prevent Kiev from joining NATO and blames western hysteria.

On Friday, Harris met with NATO Secretary-General Jens Stortenberg and leaders of the three Baltic countries, saying that Russia must show that it is open to diplomacy.

Nandita Bose

Reuters

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