In Washington The United States announced on Monday that it was imposing sanctions on a list of people and companies located all over the world that it claimed were involved in aiding Russia’s military in its conflict with Ukraine.
The latest financial and diplomatic penalties are directed at a number of entities, including French real estate companies, a group of Swiss nationals, and a Taiwanese company that buys microelectronic components, in contrast to recent packages of sanctions imposed on businesses and individuals with ties to Russia.
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All of them are charged with acting as financial intermediaries or enablers of Russia’s military supply chain, which American officials pledged to obstruct following the start of the invasion of Ukraine in February.
Secretary of State Antony Blinken issued a statement advising businesses worldwide to exercise caution to avoid becoming the target of sanctions. “We will continue to crack down on Russia’s attempts to evade international sanctions to fund its war machine,” he declared.
The United States imposed sanctions against 28 legal entities and 14 individuals from Russia
In particular, family members of the Russian oligarch and the owner of the gold mining company “Polyus” Suleyman Kerimov were subjected to restrictions.https://t.co/RZ1dYnkaSk
— NEXTA (@nexta_tv) November 14, 2022
The Office of Foreign Assets Control of the Treasury Department and the State Department designated 14 individuals, 28 entities, and 8 aircraft as being a part of a global network that purchases technology aimed at strengthening Russia’s military.
Suleiman Kerimov’s family members, a member of the Russian elite who has been sanctioned by the United States, Murat Aliev, a former executive of one of Kerimov’s investment firms, and seven associated companies were also the targets of sanctions.
Treasury Secretary Janet Yellen said in a statement that “together with our broad coalition of partners, we will continue to use our sanctions and export controls to weaken Russia’s military on the battlefield and cut into the revenue Putin is using to fund his brutal invasion.”
The impact of international sanctions and export controls on Russia’s vital defence supply chains was the topic of a meeting in October between officials from the Treasury, Commerce, and National Intelligence and representatives from the finance ministries of 33 nations.
The US will impose new sanctions on a transnational network of individuals and companies, incl. financial facilitators, that have been working to procure military technologies for Russia’s war effort in Ukraine. More details later today. https://t.co/XMJJjHcI6I
— Dr Maria Shagina 🇺🇦 (@maria_shagina) November 14, 2022
The Office of the Director of National Intelligence provided information at that meeting stating that Russia had lost more than 6,000 pieces of equipment since the start of the conflict and was looking to Iran and North Korea for supplies. The eight-month Russian occupation of the city of Kherson came to an end last week with Russia’s withdrawal.
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The Biden administration also unveiled a series of criminal accusations and sanctions in October in connection with a convoluted plan to illegally obtain military technologies from American suppliers and transfer them to Russia for use in its conflict in Ukraine.
According to the Justice Department, some of the equipment was found on Ukrainian battlefields, and other nuclear proliferation technology was stopped in Latvia before it could be transported to Russia.
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