By Jay Solomon
WASHINGTON — U.S. Secretary of State John Kerry accused Russia of blatantly violating its commitments to defuse tensions in eastern Ukraine and warned the costs for Moscow will be high if it doesn't.
Kerry's comments, in a prepared statement late Thursday, appeared to be the final warning to Russian President Vladimir Putin to reverse course in Ukraine or face a wave of new financial sanctions on his closest government advisers and business cronies.
Washington's allies in Ukraine have been increasing pressure on the White House to make good on these threats or run the risk of further emboldening Putin.
"If Russia continues in this direction, it will not just be a grave mistake, it will be an expensive one," Kerry said, citing an already growing outflow of capital from Russia in recent months. "It's a preview of how the free world will respond."
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Kerry met last Thursday in Geneva with his Russian counterpart, Sergei Lavrov, and the top diplomats from Ukraine and the European Union. The four sides agreed to take steps to stabilize eastern Ukraine, including demobilizing militias and vacating pro-Russian protesters from seized Ukrainian buildings.
Kerry said that while Ukraine has upheld its part of the agreement, Russia has flouted it.
He specifically accused Moscow of continuing to orchestrate a broad military and intelligence network in eastern Ukraine aimed at destabilizing the interim government in Kiev.
"This is a full-throated effort to actively sabotage the democratic process," Kerry said. "Nobody should doubt Russia's hand in this."
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