U.S. Intensifies Sanctions in Global Move Against Russian Evasion
The United States has intensified its sanctions on Russia by targeting nearly 400 entities and individuals from multiple countries, signaling its determination to thwart attempts at evading these measures. This move represents the U.S.'s most extensive attempt to counter third-country involvement in supporting Russia since the invasion of Ukraine.
The United States expanded its sanctions against Russia on Wednesday, targeting nearly 400 entities and individuals from various nations. This move underscores Washington's commitment to counteracting evasion of sanctions imposed following Moscow's invasion of Ukraine, according to statements from the U.S. Treasury and State departments.
The comprehensive sanctions focused on firms and individuals in China, Hong Kong, India, Russia, the UAE, Turkey, and Switzerland, among others. The effort marks the most significant attempt yet to curb third-country support for Russia's war efforts, a State Department official told Reuters anonymously.
As tensions continue, U.S. officials have communicated directly with countries like India to express concerns while targeting specific companies accused of aiding Russia's military, notably in high-priority technology sectors. Despite the extent of these sanctions, President Biden's executive order on penalties for financial institutions aiding Russia remains unactivated.
(With inputs from agencies.)