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Added by on 2014-09-04

A new round of Western sanctions against Russia, yet to be approved, will “be deeper and more significant” than those already on the books, Swedish Foreign Minister Carl Bildt told CNN’s Christiane Amanpour on Thursday. The sanctions being discussed are “fairly substantial measures that are going to have fairly substantial impact on critical sectors of the Russian economy.” Bildt would not go into further details about the measures, because they are still under discussion. He spoke with Amanpour from Wales, where NATO is holding what is likely its most significant meeting since the end of the Cold War. The military alliance is getting back to its roots – collective defense – as the West grapples with how to deal with a Russian intrusion into Ukraine and ISIS radical militants. “We are trying to understand what can be done in order to stop the Russians,” Bildt said.