Russian senator proposes slapping sanctions on those who buy oil from terrorists

MOSCOW. Nov 20 (Interfax) - Konstantin Kosachyov, who chairs the Foreign Affairs Committee of the Federation Council, the upper house of Russia's parliament, has proposed imposing sanctions on persons who buy oil from terrorists.

Speaking at Friday's joint session of both chambers of Russia's parliament, the Federation Council and the State Duma, Kosachyov said that, acting on Russia's initiative, the UN Security Council had passed a resolution aimed at curbing the illegal trade in oil, cultural valuables and hostages.

"Our air force carried out its first successful strike against oil convoys, but the time has come to punish not only the vendor, but also the buyer. Here it is possible to manage without military force. This is a situation where sanctions would come in handy," he said.

The Russian senator believes that each entrepreneur doing business with terrorists should be "punished and punished by name."

Kosachyov also suggested annulling the foreign passports of citizens recruited by terrorists.

"Decisions to annul their foreign passports should be made in each known instance of Russian citizens joining terrorists in order to restrict their freedom of movement as much as possible and increase the chance of promptly detaining them," he added.