U.S. Treasury ready to step up pressure on Russia

The United States is willing to strengthen sanctions against the Russian Federation, U.S. Treasury Secretary Jacob Joseph Lew has said at joint briefing with finance minister of Ukraine Natalie Jaresko, an Ukrinform correspondent has reported.

"We remain prepared to do more... To that end, we will continue to work with our allies to increase the pressure on Russia," the U.S. Treasury Secretary said.

According to him, the United States supports diplomatic way to resolve the conflict in the eastern Ukraine, which would allow reducing the sanctions.

He noted that in case Russia implemented the Minsk arrangements, sanctions might have been weakened.

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