WASHINGTON — The U.S. on Thursday imposed sanctions on roughly 120 corporations and other people from Russia to the United Arab Emirates to Kyrgyzstan in an effort to choke off Moscow’s entry to merchandise, cash and monetary channels that assist its invasion of Ukraine.
The sanctions imposed by the Treasury and State departments goal dozens of Russian mining, know-how and munitions corporations and business banks. In addition, a bunch of Kyrgyzstan-based electronics corporations and its management had been focused as exporters of elements and different know-how to Russia.
A UAE-based engineering firm that despatched dozens of shipments of electronics to Russia was additionally sanctioned.
The newest sanctions construct on these imposed on Russia when the U.S. and different Group of Seven nations rolled out a wave of world actions throughout a Japan summit in May.
“Since Russia launched its full scale invasion of Ukraine, the United States, working with our allies and partners, has taken unprecedented steps to impose costs on Russia and promote accountability for the individuals and entities who support its illegal war,” U.S. Secretary of State Antony Blinken stated in a press release.
“We will continue to stand with Ukraine for as long as it takes,” he stated.
After the invasion’s one-year anniversary in February, U.S. officers stated Russia’s metals and mining sector can be a spotlight of future sanctions actions, in addition to lowering Russia’s power revenues via the imposition of a value cap on Russian oil.
Deputy Secretary of the Treasury Wally Adeyemo stated Thursday’s actions characterize “another step in our efforts to constrain Russia’s military capabilities, its access to battlefield supplies, and its economic bottom line.”
“As long as Russia continues to wage its unprovoked and brutal war against Ukraine, we will impose sanctions to deprive Russia of the technology it needs and disrupt the Russian arms industry’s ability to resupply,” Adeyemo stated in a press release.
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