17:32 Jul. 15, 2016
Document clarifies existing US policy toward Ukraine and implies toughening sanctions on Russia
On June 14, the U.S. House of Representatives Committee on Foreign Affairs approved a comprehensive resolution - the Stability and Democracy (STAND) for Ukraine Act - to address the ongoing crisis in Ukraine, according to the Committee's press-release.
The document, which was introduced in April, 2016, clarifies the position of the United States on Russia's illegal occupation of Crimea, tightens sanctions on Russia, and suggests providing more support for Ukraine.
Eliot Engel, Ranking Member of the House Committee on Foreign Affairs, welcomed approval of the Act he introduced in April along with a bipartisan group of 15 members:
"This bill links any sanctions relief to Russia fulfilling its obligations under the Minsk Agreement as well as making Crimea-related sanctions permanent so long as the Russian occupation there continues. It also tightens sanctions enforcement with a new anti-evasion framework", Eliot Engel stated.
New legislation also seeks to establish an international consortium to draw private investment in Ukraine by minimizing political risk to would-be private investors.
If the Act is eventually approved by the House, the U.S. President will be able to abolish restrictive measures against Moscow in the following cases only: Ukraine restores full sovereignty over Crimea or the status of the peninsula has been resolved to the satisfaction of a democratically elected government of Ukraine.