The restrictions include the businesses of metallurgical giants such as Evraz and Norilsk Nickel, as well as some mines.
The United States Treasury and State Departments have initiated a new round of sanctions targeting nearly 400 individuals and entities both in Russia and abroad, including in Asia and Europe. This was reported by the press service of the American Ministry of Finance.
The sanctions include the technological and financial sectors of the Russian Federation, as well as large Russian metallurgical and mining companies belonging to the “strategic metallurgical industry.”
In particular, restrictions were introduced in a number of enterprises of the metallurgical giant Evraz, controlled by Roman Abramovich – the Nizhny Tagil Iron and Steel Works (NTMK), the United West Siberian Metallurgical Plant, the Vanady Tula enterprise, Evraz Market and Evrazholding Finance.
Sanctions were also imposed against some Russian mines.
In addition, sanctions include Norilsk Nickel enterprises of Vladimir Potanin: Norilsk Avia, Norilsk Mining and Metallurgical Plant named. AP Zavenyagina, Norilsk Nickel Sfera and Norilsk Nickel Sputnik, engaged in IT development and operational activities in the field of digitalization.
“Russia has turned its economy into a tool in the service of the Kremlin’s military-industrial complex. Today’s Treasury actions continue to fulfill promises made by President Biden and his G-7 counterparts to disrupt the supply chains of Russia’s military-industrial base and its payment channels.” , – so new US sanctions by Deputy Secretary of the Treasury Wally Adeyemo.
Earlier, PACE deputies called on the European Union to strengthen sanctions against the Russian metallurgical industry, because, despite all the bans, it continues to earn billions for the war against Ukraine. Moscow managed to extend the quotas for Russian slabs for another four years, although they were supposed to expire in September 2024. This will allow the Russian Federation to import more than 8 billion euros of value of products in the EU.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.