Latvia

West could cut Russia from SWIFT, sanction Nord Stream, Latvia says

cde.news desk 7 December 2021, 19:25 · 1 min read

Ukrainian border guards stands on a Russia - Ukraine border near of Goptivka village, about 35 km of Kharkiv, Ukraine, 06 March 2014. Crimea's parliament moved the date of all-Crimean referendum on the status of the Autonomous Republic of Crimea to 16 March. Military observers from the Organization for Security and Co-operation in Europe (OSCE) have been stopped from entering Ukraine's Crimea peninsula at a checkpoint set up by pro-Russian militia, diplomats said in Vienna on 06 March. EPA/SERGEY KOZLOV

The West must send a strong message to Russia to deter the Kremlin from invading Ukraine, including cutting Russia off from the SWIFT payment system, sanctioning the Nord Stream 2 pipeline and strengthening NATO’s eastern flank, Latvia said on Tuesday.

“Russia needs to know in advance what the economic price tag is,” Latvian Foreign Minister Edgars Rinkēvičs told Reuters in an interview in London.

“NATO needs to increase its presence in the eastern flank to show Russia that the price of doing some military adventure in Ukraine is more troops, more defence capability and underlying defence capability in the Baltic States, in Poland, in Romania, in Bulgaria.”

via Reuters

Filed under Latvia Russia

Topics Latvia Russia

West could cut Russia from SWIFT, sanction Nord Stream, Latvia says

More from Latvia

France agreed to open talks on Latvia joining nuclear deterrence initiative

NATO Baltic Air Policing jets shoot down drone over Latvia

French Jet Shoots Down Drone in Latvian Airspace