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The US has imposed strong sanctions against Russia

The US has imposed strong sanctions against Russia

Photo: Russian ZMI

The Moscow Exchange, which also fell under American restrictions, announced that it was forced to stop trading in foreign currency as of June 13.

The US Treasury Department announced on Wednesday, June 12, that it has expanded the list of sanctions.

The following legal entities and individuals are subject to restrictions:

  • Moscow Exchange and related organizations;

  • National Settlement Depository;

  • National clearing center responsible for foreign exchange trading;

  • the Kremlin Youth Movement of the First, created in the fall of 2022;

  • Arctic LNG 1 and Arctic LNG 3 – Novatek gas well on the Gidan Peninsula;

  • Uralvagonzavod, Kirovenergomash plant, Murom Machine-Building Plant;

  • Sogaz insurance company;

  • institutes of the Russian Academy of Sciences – high temperature and high current electronics;

  • the head of the Moldovan autonomous territorial entity of Gagauzia, Eugenia Gutsul.

There are about 300 individuals and legal entities on the new US Treasury sanctions list. Of these, about 90 ended up there for helping Russia evade sanctions.

After that, the Moscow Exchange announced a halt in dollar and euro trading due to updates on the US sanctions list. Specifically, currency trading will be halted from July 13.

The new sanctions restrictions also expand the scope for secondary sanctions imposed against foreign financial institutions.

As you know, the expansion of anti-Russian sanctions will be one of the topics for discussion at the G7 meeting.

US prepares new sanctions against Russia – Kirby
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Source: korrespondent

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