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The US and allies impose new sanctions on Russia – JURISTA

The United States and its allies imposed new rounds of sanctions on Russia over the war in Ukraine following a series of meetings Thursday between NATO allies and the G7. The United States announced additional sanctions against Russia’s defense industrial bases, the Russian Duma and its members, as well as the CEO of Russia’s largest bank, Sberbank. The UK also announced new sanctions on strategic industries, banks and business elites. The leaders of the international community met in Brussels to discuss the ongoing Russian aggression in the war against Ukraine. Both NATO and G7 leaders met to discuss future actions. At the NATO meeting, the leaders condemned Russia and vowed to increase support through cybersecurity assistance and equipment to protect against chemical, biological, radiological or nuclear threats. G7 leaders also met and reaffirmed their commitment to address the war in Ukraine. Following these meetings, both the US and the UK announced additional rounds of sanctions against Russia for its role in the war in Ukraine. Russian defense companies, 328 members of the Russian State Duma, and the director of Russia’s largest bank, Sberbank. The sanctions specifically targeted 48 companies that produce weapons that Russia has used to attack the people, infrastructure and territory of Ukraine. Sanctions were also imposed against the Duma as an entity and 328 Duma members individually for their role in violating fundamental principles of international law. The Treasury Department said they seek to hold members accountable for promoting the “inconceivable war of choice against Ukraine and its people.” ” Sberbank boss Herman Gref was also sanctioned as a close associate of Russian President Vladimir Putin. The UK foreign secretary also announced a new round of sanctions in an effort to cut off vital industries fueling Russian aggression in Ukraine. In total, the UK sanctioned 65 new strategic Russian industries and individuals. Key industries include Russian Railways and Russia’s leading drone producer, Kronshtadt. The Wagner Group of Russian mercenaries was also sanctioned for its role in the ongoing effort to assassinate Ukraine’s President Zelenskyy. The UK also targeted six major banks and the world’s largest diamond producer based in Russia. Individuals were also sanctioned, including several CEOs and members of the Russian oligarch family. Thursday marks a month since Russia invaded Ukraine. Both NATO and G7 members reaffirmed their commitment to Ukraine and to ending the Russian-led war.



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The US and allies impose new sanctions on Russia – JURISTA

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