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A strong US strike against the Russian war machine. Sanctions list

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The United States ministries of finance and diplomacy have announced a broad package of additional sanctions that are intended to hit Russia's war economy and cut it off from supplies of key materials and services, including from China. Russians will also be cut off from American IT services.

As announced by the Department of the Treasury in a statement USAactions taken on the eve of the G7 summit in Italy, these are secondary sanctions for entities that do business with Russian banks, the arms industry and other key economic sectors. This also applies China playing the main role in circumventing the current restrictions imposed on the Kremlin.

The long list of actions taken includes extending sanctions to Russia's largest state-owned banks, including Sberbank, Vneshekonombank and VTB, in relation to all their significant transactions, including with their branches in China and India. Additionally, sanctions cover a total of 300 entities and people supporting the Russian defense industry.

Many of them are Chinese companies supplying dual-use goods, sending parts needed for the production of drones, anti-drone systems, or industrial machines for the production of weapons, as well as networks of companies allowing Russia bypass existing restrictions.

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MoscowYuryKara / Shutterstock.com

Apart from China, these are entities from Russia, BelarusBritish Virgin Islands, Bulgaria, KazakhstanKyrgyzstan, Serbia, South Africa, Turkey and the United Arab Emirates.

China risks being “under the sanctions regime”

As the US national security adviser said on Wednesday Jake SullivanWednesday's sanctions are a signal to Beijing and other countries supporting the Russian war machine that “they are now exposed to a serious risk of falling under the sanctions regime.”

The US also decided to introduce a ban on the provision of some IT services, including cloud services, to almost all people and companies from Russia. These changes are to come into force on September 12 and will hit Russian industries that rely on these services.

Additional sanctions targeted almost 100 Russian companies participating in the war economy, including those from the energy, metallurgy and mining sectors, as well as companies involved in money laundering through gold trading. The restrictions are also intended to affect Russian projects for the extraction and transport of liquefied natural gas.

A number of personal sanctions

The Department of Commerce, in turn, announced actions intended to further impede the re-export of sensitive goods to Russia by entities in third countries.

A number of personal sanctions were also announced, including on persons and entities involved in the systematic deportation of Ukrainian children to Russia, people close to the Belarusian regime of Alexander Lukashenko and Evghenia Gutul, the pro-Russian leader of Gagauzia, an autonomous region in Moldova.

Gutul is a politician associated with oligarch Ilan Sor, who is subject to sanctions and accused of massive financial embezzlement. The authorities in Moldova consider her and Sora to be figures who are destabilizing the situation in the country.

– Today's actions affect Russia's remaining capabilities to obtain materials and equipment from abroad. They are also related to its dependence on key supplies from third countries. Every day Russia mortgages its future to maintain its unjust war against choice against Ukraine – concluded Finance Minister Janet Yellen.

Main photo source: Orini/Shutterstock

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