It has also stopped U.S. diplomats from using a summer house and storage facilities in Moscow.
Echoing Trump's own repeated assertion that the Russian Federation investigations were "fake news" ginned up by crestfallen Democrats to explain Hillary Clinton's defeat, Putin said he did not consider the various inquiries in Washington as investigations "because an investigation envisages full clarification of all circumstances, studying and hearing various parties".
In response, Russian President Vladimir Putin labelled the new legislation as anti-Moscow hysteria born as a result of internal political struggles in Washington, reports Efe news. He believes US Congress should amend Section 223 of Directive 4 to deny Russia the ability to inject poison pills [in which Russian companies increase interest in projects so US companies might be forced to withdraw] into legitimate energy exploration projects.
President Trump said Friday night he would sign the sanctions legislation because Congress was responsive to his input on the bill.
"I voted for the Countering America's Adversaries Through Sanctions Act, which establishes new sanctions and enhances existing sanctions against Russia, Iran and North Korea, as well as entities dealing with those governments".
The White House stated that Donald Trump has reviewed legislation on Russian Federation sanctions that passed the Congress earlier this week and plans to sign it. "America First" can not mean that Europe's interests come last", he said, mentioning President Donald Trump's guiding slogan. But the bill is expected to garner enough support in both chambers to override any veto.
The bill can still become law without the president's signature if it goes unsigned for ten days. As we wrote last month, Germany and Austria have fumed that the sanctions threaten European energy interests, by targeting (among other European-Russian ventures) the Gazprom co-financed Nord Stream 2 pipeline between Russia and Germany.
He added that possible amendments to the bill would not change the "essence" of the matter.
In December, Putin, hoping for rapprochement under Trump, declined to respond to Obama's expulsion of 35 Russian diplomatic staff members and the seizure of Russian diplomatic property. However, Putin at that point took a magnanimous tone, saying they could stay and that he would await Trump's inauguration before taking further action.
"In principle, China always opposes unilateral sanctions outside the framework of the United Nations Security Council", said Lu Kang, Chinese Foreign Ministry spokesperson, in response to a question over the U.S. sanction plan at Wednesday's regular press conference.
The Russian Foreign Ministry said the new sanctions law "confirms the extreme aggressiveness of the United States in its foreign affairs". I think the U.S. should be taken to the World Court and the International Criminal Court for a whole range of abuses of the law across western Asia in the recent years.
Speaking Thursday in Finland, Putin said he "very much regrets" the worsening of relations between Russian Federation and the United States, blaming it on "anti-Russia hysteria" in U.S. domestic politics.
"Passing the bill on a bipartisan basis will send a strong signal to the White House that the Kremlin needs to be held accountable for meddling in last year's election", Senator Chuck Schumer said.
Diplomats in Brussels say that this time the European Union will be a collateral victim of American sanctions and is trying to convince Trump's administration to give up on the expansion of sanctions.
But Russia, Lavrov said, is ready to normalize bilateral relations and cooperate on important issues on the worldwide agenda.
Russian Federation has warned against the new sanctions and their impact on relations with the United States. The Croatian economy has so far suffered significant economic damage due to sanctions against Russian Federation, and data from recent years show that export growth would be even faster with no sanctions.
German Foreign Minister Sigmar Gabriel said Friday it was now up to Trump to decide how to proceed.
"We will continue to want to work together".
In response to Western sanctions in 2014, Moscow banned the import of many foods from the West, including cheese and fish.
Even the threat of sanctions could seriously undermine the project and impact its financing, said Richard Morningstar former USA ambassador and founding director and chairman, Global Energy Center, Atlantic Council.