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Article snippet: The Trump administration told Congress on Monday that bipartisan legislation passed last year authorizing new sanctions on Russia is already "serving as a deterrent," and there's no need to actually implement the penalties at this time. A spokesperson for the State Department said the mere possibility of facing sanctions through the Countering America's Adversaries Through Sanctions Act (CAATSA) has served as an effective countermeasure. "Given the long timeframes generally associated with major defense deals, the results of this effort are only beginning to become apparent. From that perspective, if the law is working, sanctions on specific entities or individuals will not need to be imposed because the legislation is, in fact, serving as a deterrent," the spokesperson said. The State spokesperson said Monday that some of the senior most State Department officials and other U.S. authorities have privately and publicly dangled the threat of sanctions over both foreign governments and other entities for their dealings with listed Russian entities. "Since the enactment of the CAATSA legislation, we estimate that foreign governments have abandoned planned or announced purchases of several billion dollars in Russian defense acquisitions," State Department spokeswoman Heather Nauert said in a statement. The legislation aims to deny Russia from reaping financial proceeds from its military and intelligence equipment sales by punishing those that make such purchases. I... Link to the full article to read more