The White House allowed the abandonment of plans to disconnect Russia from SWIFT

The measures also will not affect energy exports, said the Deputy Assistant to the President of the United States for National Security. However, he promised, RUSSIAwill face 'huge consequences' for the economy if Ukraine is invaded by Duleep Singh

The package of US sanctions that will be imposed on Russia in the event of its invasion of Ukraine will most likely not include disconnecting the country from the SWIFT interbank information exchange system. This was stated at a briefing by Deputy Assistant to the President of the United States for National Security Duleep Singh, reports REUTERS.

According to him, the measures will also not be aimed at limiting Russian energy supplies to other countries.

However, Singh said that in the event of an attack on Ukraine, Russia would face "tremendous consequences" both for its economy and for its strategic position in the world. The financial sanctions that the United States has developed will have negative consequences for Russia's largest financial institutions and state-owned enterprises, he promised.

Singh said the US coordinated with allies and partners in developing sanctions. The measures will be applied "taking into account how Putin reacts" - depending on further escalation or de-escalation. According to Singh, they will not affect the citizens of Russia, and will not entail undesirable consequences for the American and global economy.

Euractiv announced the refusal to disconnect Russia from SWIFT due to the position of Germany Politics