Sanctions against Russia: Washington targets the Duma and defense industries


The leaders of the G7 countries and the European Union have also announced a coordinated reinforcement of their action to prevent the targets of the sanctions from escaping them.

Washington on Thursday announced new financial sanctions against Russia, targeting politicians, oligarchs and the defense industry, in response to the invasion of Ukraine, and is stepping up coordination with its Western allies to prevent Russia from use its gold reserves.

These measures, which involve in particular a freezing of assets in the United States, concern 328 deputies of the Duma and the institution itself as well as 48large public companiesfrom the defense sector, according to a statement from the White House. It is “blocking sanctions against more than 400 individuals and entities, including the Duma and its members, additional Russian elites and Russian defense companies that fuel Putin’s war machine“, it is specified.

The sanctions thus target in particular Tactical Missiles Corporation JSC (KTRV), a large Russian defense conglomerate belonging to the State and whose armament is currently deployed in Russia, indicated the Treasury in a separate press release. “KTRV produces Russian defense equipment, including airborne weapons and weapon systems for the Russian Navyhe said, citing various underwater weapons and radar systems used in submarine fleets.

Block war funding

The leaders of the G7 countries and the European Union have also announced a coordinated reinforcement of their action to prevent the targets of the sanctions from escaping them. They also want to continue to block the Russian central bank’s ability to use international reserves, including gold, to block war financing.

The United States and its alliesstrike at the heart of Russia’s ability to fund and carry out its war and atrocities against Ukraine“Said US Treasury Secretary Janet Yellen quoted in the Treasury statement. The Duma “continues to support Putin’s invasion, stifle the free flow of information and undermine the basic rights of Russian citizens“, she added, urging”those close to Putin to stop and condemn this war“.

White House national security adviser Jake Sullivan said Wednesday that Washington would announce “a set of sanctions that concern both political figures” and “oligarchs“. The British government had, a little earlier, announced a new series of sanctions targeting 59 Russian personalities and companies and six Belarusian entities.



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