
The U.S. has imposed caller sanctions connected Russia “in coordination with the G7 and different planetary partners.” Among the targets are “the channels Russia uses to get captious technology, its aboriginal vigor extraction capabilities, and Russia’s fiscal services sector.” U.S. Treasury Secretary Janet Yellen says: “We are besides advancing our efforts to chopped disconnected Russian attempts to evade sanctions.”
US Imposes New Sanctions connected Russia successful Coordination With G7, Other International Partners
The U.S. Treasury Department announced Friday that the U.S. is “strengthening the unprecedented planetary sanctions and different restrictive economical measures” connected Russia “in coordination with the G7 and different planetary partners.” The announcement, titled “With implicit 300 sanctions, U.S. targets Russia’s circumvention and evasion, military-industrial proviso chains, and aboriginal vigor revenues,” followed a Group of Seven (G7) gathering Friday successful Hiroshima, Japan, which President Joe Biden attended.
The announcement explains that the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is “implementing caller commitments made astatine the G7 Leaders’ Summit to clasp Russia accountable for its war,” elaborating:
The OFAC’s sanctions connected 22 individuals and 104 entities, with touchpoints successful much than 20 countries oregon jurisdictions, people those attempting to circumvent oregon evade sanctions and different economical measures against Russia, the channels Russia uses to get captious technology, its aboriginal vigor extraction capabilities, and Russia’s fiscal services sector.
“Additionally, OFAC is expanding sanctions authorities to people caller sectors of Russia’s system and sever Russia’s entree to caller categories of services,” the Treasury continued.
Furthermore, the U.S. Department of State “designated oregon identified arsenic blocked spot astir 200 individuals, entities, vessels, and aircraft” and the U.S. Department of Commerce is “significantly expanding the territorial scope and categories covered by its export controls and adding 71 entities to its Entity List to forestall Russia from accessing goods it needs for the battlefield,” the announcement details.
U.S. Treasury Secretary Janet Yellen tweeted Friday pursuing the announcement of the caller sanctions: “Today’s actions volition further tighten our planetary coalition’s vise connected Putin’s quality to wage his barbaric penetration by denying him subject instrumentality and revenue. We are besides advancing our efforts to chopped disconnected Russian attempts to evade sanctions.”
Putin Says Sanctions Strengthen Russia’s Unity
Russian President Vladimir Putin stated connected Friday, conscionable hours earlier the U.S. and different G7 countries announced further sanctions connected Russia, that further sanctions connected his state would lone service to heighten unity wrong the nation. According to a translation by NBC News, Putin expressed:
We’re seeing conscionable however assertive the outer unit present being exerted connected Russia is, connected our full society. Almost the full arsenal is directed against america — economic, military, political, informational forces, and the astir almighty anti-Russian propaganda is being deployed.
In April, Putin said the policies pursued by Western nations bash not ever service the champion interests of their ain radical and volition yet “backfire connected them.” His property secretary, Dmitry Peskov, stated successful the aforesaid period that sanctions against Russia “will deed the planetary system hard,” informing that it “can lone pb america down a way towards a planetary economical crisis.”
What bash you deliberation astir the U.S. imposing much sanctions connected Russia? Let america cognize successful the comments conception below.