The US Treasury called the task of the year the fight against Russia’s circumvention of sanctions

One of the main tasks of the United States in 2023 will be to prevent Russia from circumventing the sanctions imposed against it. This was stated by the head of the US Treasury Department Janet Yellen on the eve of the meeting of finance ministers and central bankers of the G20 countries, the broadcast was conducted by the US Treasury Department.

“One of the key tasks for us this year is to counteract Russian attempts to circumvent our sanctions. Our coalition is stepping up the efforts that have been made in recent months to stop these attempts, ”Yellen said, quoted by TASS.

She promised that the United States and its allies “will continue to restrict Russia’s access to military equipment and technology” that it needs to conduct a special operation in Ukraine.

The head of the Ministry of Finance also noted that Washington wants to “double support for Ukraine.” “The United States will be on the side of Ukraine for as long as it takes,” Yellen added.

The finance minister previously proposed a three-pronged approach, including improving information sharing between countries that have joined the sanctions, putting pressure on “companies and jurisdictions that allow or facilitate the circumvention of sanctions,” and cutting off specific channels that Russia uses to “equip and finance its armed forces. “. Also in April of this year, the US Department of Justice announced a change in focus in the fight against circumvention of anti-Russian sanctions. It was noted that possible intermediaries, including financial advisers, as well as operations with cryptocurrency, fell under the close attention of the department. Including the US Department of Justice launched an investigation into whether the world’s largest crypto exchange Binance was used to bypass anti-Russian sanctions.