President of the United States Joe Biden extended the sanctions against Russia for another year over the Russian aggression against Ukraine
"The actions and policies of persons that undermine democratic processes and institutions in Ukraine; threaten its peace, security, stability, sovereignty, and territorial integrity; and contribute to the misappropriation of its [Ukraine’s] assets," reads the official letter of the U.S. President to the Congress of the United States.
Biden added that Russian aggression against Ukraine continues to pose threat to the U.S.
"The actions and policies of the Government of the Russian Federation, including its purported annexation of Crimea and its use of force in Ukraine, continue to pose an unusual and extraordinary threat to the national security and foreign policy of the United States," the statement said.
"Therefore, I have determined that it is necessary to continue the national emergency declared in Executive Order 13660 with respect to Ukraine," Biden underscored.
According to the procedure, the sanctions imposed by the U.S. presidential decree are valid for one year. After that, they can be extended for the next term by a new order of the head of the White House.