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The US announced new large-scale sanctions against Russia

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The sanctions are aimed at Russia’s industrial base, financial institutions and technology suppliers, Washington explained.

US authorities significantly expanded sanctions against Russia, adding nearly 70 individuals and 100 legal entities to the blacklist. The US Treasury announced this on Thursday, September 14.

It is indicated that the restrictions now focus on individuals who benefit from Russia’s war against Ukraine and support the actions of the Kremlin. The sanctions are aimed at Russia’s industrial base, financial institutions, suppliers of high-tech products and dual-use products.

Sanctions include Russian Copper Company, AvtoVAZ, Moskvich, United Metallurgical Company, Sollers, Ak Bars Bank, Rosavtodor, Transmashholding, Arctic Energy LLC, Arctic Logistics, Pearl of the Arctic, Grib Diamonds, AGD Diamonds, GAZ Group, Auto Transmashholding , Vorkutaugol and more several Russian mining enterprises, Rostelecom-Solar, etc.

Also subject to sanctions were companies from Belgium, the UAE, Slovenia, Turkey, the Central African Republic and two floating storage tankers flying the flag of Panama.

The personal restrictions mainly affected Russians, including at least three billionaires: Iskandar Makhmudov, Andrey Bokarev and Igor Altushkin. Two Estonians, a Turkish citizen and a person with dual citizenship of the Russian Federation and Georgia were also subject to sanctions.

Earlier, the media reported that Russia allegedly “succeeded in overcoming the pressure of sanctions” and is now capable of producing more missiles than before the full-scale invasion of Ukraine.

EU extends sanctions for Russia’s war against Ukraine
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Source: korrespondent

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