U.S. imposes new sanctions on Russia

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Washington DC: The White House on Thursday announced fresh sanctions on Russia in an effort to further punish Moscow for its invasion of Ukraine and crackdown on attempts to evade existing penalties. Thursday’s sanctions are the latest measures in a months-long campaign by the White House and its international partners to pressure Russia over its invasion of Ukraine, which began in February.

New sanctions by the Treasury Department will target prominent Russian government and business officials, including Sergei Roldugin and his family members. Roldugin is a close associate of Russian President Vladimir Putin and manages Putin’s offshore finances, the White House said.

Treasury will also target the CEO of Imperial Yachts, which provides services to Putin’s inner circle, and the head of United Aircraft Corporation, a state-owned company that supports the Russian defense industry.

“Today the United States took further action, several of which have also been targeted by partners and allies, to crack down on evasion and tighten our sanctions to enhance enforcement and increase pressure on Putin and his enablers,” the White House said in a statement.

The State Department is also adding sanctions against multiple wealthy Russians close to Putin, including God Nisanov, Alexey Mordashov, and his family members, and Maria Zakharova. Mordashov has ties to one of Russia’s top steel producers, while Zakharova is a spokesperson for the Russian foreign ministry.

Finally, the Commerce Department is imposing further restrictions on Russia’s ability to obtain technologies and other materials needed to support its invasion of Ukraine. Thursday’s actions add 71 parties located in Belarus and Russia to the Entity List, which cuts them off from obtaining products made using U.S. technology or software.

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