Expansion of US sanctions targets Russia's defense, energy, financial sectors — Blinken

WASHINGTON:  The United States is expanding Russia-related sanctions lists targeting more companies in its defense industry, energy and fina...


WASHINGTON:  The United States is expanding Russia-related sanctions lists targeting more companies in its defense industry, energy and financial sectors, as well as elites, US Secretary of State Antony Blinken announced.

"The Departments of State and the Treasury are imposing further sanctions on over 150 individuals and entities <…>, " according to a written statement by Blinken. It is specified that sanctions are imposed in connection with the special military operation in Ukraine.

"As part of today’s action, the U.S. government is targeting individuals and entities engaged in sanctions evasion and circumvention, those complicit in furthering Russia’s ability to wage its war against Ukraine, and those responsible for bolstering Russia’s future energy production," the US top diplomat says.

In a similar statement by the US Treasury it is noted that the sanctions are imposed "on Russia’s elites and its industrial base, financial institutions, and technology suppliers."

According to Blinken, the Department of State is applying the current sanctions in an attempt to limit not only Russia's oil and gas production, but also its "export capacity potential" and "operating in Russia’s metals and mining sectors." In addition, the restrictions are aimed at "numerous entities producing and repairing Russian weapon systems, including the Kalibr cruise missile."

These restrictive measures were also introduced against Russian Pavel Shevelin, "an individual affiliated with the Wagner Group involved in the shipment of munitions from the Democratic People’s Republic of Korea to the Russian Federation," the Department of State claims.

Finally, the sanctions affected the "Georgian-Russian" businessman Otar Partskhaladze, Blinken said. According to his version, this businessman "has leveraged to influence Georgian society and politics for the benefit of Russia."


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Local Glob: Expansion of US sanctions targets Russia's defense, energy, financial sectors — Blinken
Expansion of US sanctions targets Russia's defense, energy, financial sectors — Blinken
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