New US sanctions are aimed at choking off Russia’s access to battlefield supplies and revenue
Jul 20, 2023, 10:09 AM | Updated: 1:34 pm
(AP Photo/Patrick Semansky, File)
WASHINGTON (AP) — The United States on Thursday imposed sanctions on roughly 120 firms and people from Russia to the United Arab Emirates to Kyrgyzstan in an effort to choke off Moscow’s access to products, money and financial channels that support its invasion of Ukraine.
The sanctions imposed by the Treasury and State departments target dozens of Russian mining, technology and munitions firms and commercial banks. In addition, a group of Kyrgyzstan-based electronics firms and its leadership were targeted as exporters of components and other technology to Russia.
A UAE-based engineering company that sent dozens of shipments of electronics to Russia was also sanctioned.
The latest sanctions build on those imposed on Russia when the U.S. and other Group of Seven nations rolled out a wave of global actions during a Japan summit in May.
The White House said the latest sanctions fall in line with an ongoing effort to tighten coordination of sanctions with allies, particularly the European Union and the United Kingdom. The effort to improve alignment was one of the major commitments made during the G-7 meetings.
“As long as the war continues, we’ll continue to take these kinds of actions,” White House National Security Council spokesman John Kirby told reporters Thursday. “This won’t be the end of it. And we’ll continue to explore additional sections as appropriate going forward.”
“Since Russia launched its full scale invasion of Ukraine, the United States, working with our allies and partners, has taken unprecedented steps to impose costs on Russia and promote accountability for the individuals and entities who support its illegal war,” U.S. Secretary of State Antony Blinken said in a statement.
“We will continue to stand with Ukraine for as long as it takes,” he said.
After the invasion’s price cap on Russian oil.
Deputy Secretary of the Treasury Wally Adeyemo said Thursday’s actions represent “another step in our efforts to constrain Russia’s military capabilities, its access to battlefield supplies, and its economic bottom line.”
Associated Press writer Aamer Madhani contributed to this report.