US imposes sanctions on more than 500 entities linked to Russia







Photo credit © Reuters

by Daphne Psaledakis, Andrea Shalal and David Lawder

WASHINGTON (Reuters) – U.S. President Joe Biden announced on Friday that the United States would impose sanctions on more than 500 individuals or entities linked to Russian forces’ invasion of Ukraine nearly two years ago to the day, or to the imprisonment of opponent Alexeï Navalny, whose death was announced a week ago.

“They will ensure that (Vladimir) Putin pays an even higher price for his aggression abroad and repression at home,” Joe Biden said.

These measures from the US Treasury, announced at the same time as British and European sanctions, target individuals linked to the detention of Alexeï Navalny as well as officials from the financial sector, the arms industry, purchasing networks and to circumvent the sanctions imposed on Moscow by the West since the invasion of February 24, 2022.

Read alsoCounting

New export restrictions are also to be imposed on around 100 companies.

This new set of sanctions is being put in place while the project, supported by the Joe Biden administration, of new military aid to Ukraine is still blocked by the Republican opposition in Congress.

“After two years of war, Ukrainians continue to fight with admirable courage. But they are running out of ammunition. Ukraine needs more supplies from the United States to withstand Russia’s relentless assaults, made possible by the arms and munitions of Iran and North Korea,” Joe Biden said.

“That’s why the House of Representatives must pass the new bipartisan national security bill, before it is too late.”

(With the contribution of Patricia Zengerle; French version Camille Raynaud and Jean-Stéphane Brosse)











Reuters

©2024 Thomson Reuters, all rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. “Reuters” and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.



Source link -87