The United States on Tuesday implemented sanctions against Moscow decided at the G7 summit, including a ban on gold imports from Russia and new sanctions against the defense industry, the Treasury Department announced on Tuesday. “The actions taken today (…) strike at the core of Russia’s ability to develop and deploy the weapons and technologies used in Vladimir Putin’s brutal war of aggression against Ukraine.– said in the press release of the treasury.
The sanctions targeted 70 Russian entities, including Rostec, the defense-industrial conglomerate described by Washington as “cornerstoneIn the defense and technological industry of Russia. “Targeting Russia’s defense industry would reduce Putin’s options and further complicate the war against Ukraine, which is already plagued by low morale, a broken supply chain and logistical failures.“In the same press release, Minister of Finance Janet Yellen assures. On Sunday, on the first day of their summit exchange in Germany, G7 leaders announced an embargo on newly mined gold in Russia.
Source: Le Figaro
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