NATO backs U.S. sanctions on Russia

NATO backs U.S. sanctions on Russia

The United States' NATO allies backed on Thursday the latest round of U.S. sanctions on Russia.

"Russia continues to demonstrate a sustained pattern of destabilising behaviour," the Western military alliance said in a statement of all 30 NATO allies.

"We stand in solidarity with the United States," Reuters cited the statement as saying.

U.S. President Joe Biden issued an executive order prohibiting U.S. financial institutions from participating in the primary market of Russia's government debt from June 14, with the order allowing for those actions to be expanded in future.

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