Free Trial

US Warns Turkey of CAATSA Sanctions for Additional S-400 Purchases

TURKEY
  • Following comments from Erdoğan saying Turkey still intended to buy a second batch of S-400 missile defence systems from Russia, Washington warned that such a move would generate fresh sanctions against its NATO ally.
  • "We continue to make clear to Turkey that any significant new Russian arms purchases would risk triggering CAATSA (The 2017 Countering America's Adversaries through Sanctions Act) sanctions separate from and in addition to those imposed in December 2020," a U.S. State Department spokesperson told Greece's state broadcaster ERT.
  • "We urge Turkey at every level and opportunity not to retain the S-400 system and to refrain from purchasing any additional Russian military equipment," the official said.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.