“Bleed and undermine ambitions”: the US Department of Commerce explained which goods anti-Russian sanctions will affect

The US Department of Commerce has responded to Russia’s military operation in Ukraine by imposing strict export controls that will significantly limit Russia’s access to many technologies and goods. According to a statement from the department, the sanctions will primarily affect the defense, aerospace and maritime sectors.

Russia will be cut off from important technological resources in order to “bleed” its key industries, “undermine its ambitions” on the world stage, and cut off the Russian armed forces from the technologies and products the country needs to “support aggression,” the statement said.

Sanctions will even affect goods that were previously not subject to control when shipped to Russia, including semiconductors, computers, telecommunications equipment, information security equipment, lasers and sensors.

If necessary, and subject to subsequent Russian actions, the US government may take additional economic measures in the coming days, the statement said.

Earlier, we recall, the United States imposed sanctions against 11 Russian legal entities, including a number of banks such as Sberbank, VTB, Gazprombank, Otkritie, Novikombank and Sovcombank. Shares of Sberbank, meanwhile, collapsed by more than 30%.

The new sanctions list also includes Alexander Vedyakhin, First Deputy Chairman of the Board of Sberbank, Andrey Puchkov and Yury Solovyov, members of VTB management, and his wife Galina Ulyutina. In addition, the United States imposes sanctions against the sons of the special representative of the President of the Russian Federation for environmental protection, ecology and transport, Sergei Ivanov, the head of Rosneft, Igor Sechin, and Security Council Secretary Nikolai Patrushev.