Tom Keatinge reacts to reported US support for the readmission of Russia to SWIFT

Comment by Tom Keatinge


SWIFT

quote

Giving away such a central element of the G7’s sanctions on Russia at such an early stage is baffling

"Furthermore, SWIFT is essentially a European entity and thus the US will need EU acquiescence in order to deliver this reintegration commitment.  It seems unlikely that the EU will provide sanctions relief to Russia until there is verifiable - and lasting - evidence that Russia is keeping its side of the ceasefire bargain."