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US guarantees security for Sweden, increases sanctions on Russia

After meeting with US Secretary of State Antony Blinken in Washington, D.C., Ann Linde said on local television on 4-5: “Of course, I won’t go into any details. However, , I feel very certain that now we have the American guarantee.”

Ms. Linde noted: “Those are not guarantees security full, that only applies if it’s a member of the North Atlantic Treaty Organization (NATO)… They mean that in the event of Russia having any negative activity against Sweden, As Moscow has threatened, the US will not let that happen … without any response.”

According to the news agency ReutersSweden’s defense minister said last month that the move to apply to join NATO could lead to some reaction from Russia.

The US ensures security for Sweden, increases sanctions on Russia - Photo 1.

Swedish Foreign Minister Ann Linde and her counterpart Antony Blinken hold a press conference in Washington, US, on May 4. Photo: Reuters

In addition, Ms. Linde said the US strongly supports Sweden and Finland becoming members of NATO, which they believe will enhance stability in the Baltic and Arctic regions. The Swedish foreign minister will now travel to Canada to discuss security issues with the government.

Both Sweden and Finland are considering the possibility of joining NATO, expected to make a decision in May. This is considered to mark a big change in the policy of the two Nordic countries.

Also on May 4, US President Joe Biden said he would discuss with leaders of other countries in the G7 group (the group of 7 countries with the largest developed economies in the world, including France, Germany, Italy, etc.) Japan, US, UK and Canada) this week about the possibility of increasing sanctions on Russia for its military action in Ukraine.

When asked about the US intentions after the European Union (EU) proposed tough sanctions against Russia, including a phased oil embargo, Mr. Biden told reporters: “We are always ready to proceed with additional sanctions. I will talk to members of the G7 this week about what we will or will not do.”

According to the news agency Reutersthe White House declined to say when Biden discussed with the G7 leaders.

The US ensures security for Sweden, increases sanctions on Russia - Photo 2.

US President Joe Biden at the White House. Photo: Reuters

At the same time, US Treasury Secretary Janet Yellen said the US continues to discuss with partners about additional sanctions and may take further action to put pressure on Russia.

Yellen did not disclose any specific actions being considered.

According to Ms. Yellen, the EU’s cut in oil imports from Russia this year will likely cause oil prices to rise. Yellen believes that Western sanctions have severely damaged the Russian economy and prevented Russia from accessing the items it needs to be competitive in the global economy in the long term.

White House press secretary Jen Psaki declined to name any tycoons who could be added to the US sanctions list but said Washington was continuing to consider it.

In April, Washington imposed sanctions on Russia’s banks and elites, barring Americans from making new investments in Russia, including through venture capital and mergers.

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