Biden mentioned Friday he had made it clear in his name with Putin that there can be a “heavy value to pay” if Russia invades Ukraine and threatened heavy financial sanctions. Putin had informed Biden that introducing a brand new spherical of sanctions towards Russia would quantity to a “colossal mistake” that might lead to a whole breakdown of relations between the 2 international locations, a Kremlin aide mentioned.
Russia has been demanding safety ensures from the US and NATO, together with a binding pledge that NATO will not increase additional east and won’t permit Ukraine to affix the navy alliance. Biden, nonetheless, has signaled that the US won’t make any concessions on both NATO or Ukraine’s future.
“We made it clear to President Putin that if he makes any extra strikes, goes into Ukraine, we may have extreme sanctions. We are going to improve our presence in Europe with our NATO allies, and it will simply be a heavy value to pay for it,” the President mentioned after a New Yr’s Eve lunch in Wilmington, Delaware.
Biden mentioned that Putin has agreed to 3 upcoming conferences in Europe, together with US-Russia diplomatic talks led by US deputy Secretary of State Wendy Sherman on January 10 in Geneva and Russia-NATO talks on January 12.
This story has been up to date with extra data Sunday.
CNN’s Betsy Klein contributed to this report.