The US Treasury will impose sanctions on more than 200 companies and individuals from Russia, Europe and Asia that provide military support to Moscow. Also on the “black list” are 12 Russian financial institutions, according to a statement on the White House website.
Restrictions will also apply to the energy, coal and metallurgical sectors.
The US Department of Commerce will include on the sanctions list almost 90 companies from Russia, China and other countries that Washington suspects of helping Moscow to circumvent sanctions and that support the Russian defense sector. The companies mentioned in the lists will not be able to purchase semiconductors, regardless of whether they are made in the USA or using American software and technologies in other countries. In addition, the G7 countries will continue to keep Russian sovereign assets frozen until a solution to the conflict is found.
The sanctions are also meant to thwart Iranian drone makers.
In addition, tariffs on Russian goods will be raised to reduce Russia’s revenues and reduce dependence on Russian supplies while minimizing the cost to American consumers.
Bloomberg writes that Alfa-Bank, Rosbank and Tinkoff Bank will fall under the sanctions, and Russian citizens will be banned from holding positions in European infrastructure companies.
The Russian side, in turn, insists on the ineffectiveness of Western sanctions.
Source: Rosbalt
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