The US announces a large-scale package of sanctions against russia's military-industrial base

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Date

01 May 2024


The U.S. Treasury Department has announced sanctions against nearly 200 individuals and legal entities that assist russia's military-industrial complex and help it evade the restrictions already imposed.

 

The latest package of US sanctions targets russia's military-industrial base and its chemical and biological weapons programs, as well as individuals and entities in third countries that help Moscow acquire components for weapons or defense products.

 

Among other things, the U.S. Treasury Department has imposed sanctions on nearly 60 individuals from Azerbaijan, Belgium, China, russia, Slovakia, Turkey, and the United Arab Emirates, which allow Moscow to purchase much-needed technology and equipment from abroad.

 

More than 100 organizations on the updated sanctions list operate or have operated in the technology, defense, manufacturing, and transportation sectors of the russian economy.

 

Another set of U.S. sanctions targets major russian importers of cotton pulp, nitrocellulose and its key components, as well as two suppliers of these goods from China.

 

Additionally, the Ministry of Finance blacklisted three russian legal entities and two individuals involved in the procurement of goods for military organizations involved in the development of chemical and biological weapons.

 

In addition, two russian companies involved in the construction of gas infrastructure in russia - Neftegazstroy and VNIPIGazdobycha - were subject to new US sanctions.

 

Finally, in coordination with the U.S. Treasury Department, the State Department imposed sanctions on more than 80 entities and individuals engaged in evading sanctions against russia or associated with chemical and biological weapons programs and the russian military industrial base.

 

The State Department also took restrictive measures against the energy, metallurgical and mining sectors of russia and imposed additional sanctions in connection with the death of russian opposition leader Alexei Navalny.

 

Source: press release of the U.S. Department of the Treasury