The United States on Friday announced sweeping sanctions against nearly 400 individuals and companies linked to Russia’s war in Ukraine, a day before Ukraine’s Independence Day.
The moves announced by the US Treasury, State and Commerce departments are in addition to existing sanctions imposed on Russia over the invasion, which has now entered its third year.
“Russia has turned its economy into a tool to serve the Kremlin’s military-industrial complex,” Deputy Treasury Secretary Wally Adeyemo said in a statement.
“Today’s actions by the Treasury continue to implement the commitments made by President Biden and his G7 counterparts to disrupt Russia’s military-industrial base supply chains and payment channels,” he said.
The sanctions target nearly 400 individuals and entities inside and outside Russia “whose products and services enable Russia to continue its war effort and evade sanctions,” the department announced in a statement.
It said the sanctioned companies included 60 Russian defense and technology firms “that are vital to the stability and development of the Russian defense industry.”
The State Department said in a separate statement that it was responsible for 190 sanctions, and the Treasury Department was responsible for nearly 200 others.
It said its sanctions were “aimed at disrupting sanctions evasion and target entities in a number of third countries,” including China as well as businesses supporting the development of Russian energy projects.
In addition to the sanctions announced on Friday, the US Commerce Department announced it was taking “aggressive action” to further restrict the supply of goods made in the United States, or labeled as such, to both Russia and Belarus due to the “Kremlin’s illegal war on Ukraine.”
“Today’s action will further disrupt Russia’s ability to provide weapons to its military by targeting an illicit procurement network designed to circumvent global export controls,” the department said in a statement.
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