The military-industrial complex, energy and financial sectors: The United States announced a new large-scale package of sanctions against Russia
Kyiv • UNN
The United States imposed sanctions on 400 entities associated with the Russian energy, metallurgical and financial sectors. Restrictions also apply to suppliers of dual-use goods and intermediaries from different countries.
The United States has announced a new package of sanctions against Russia, which provides for restrictions against about 400 entities associated with the Russian fuel and energy and metallurgical sectors, the financial sector and the supply of dual-use goods. This was reported by UNN with reference to the US Treasury.
Details
The sanctions targeted such companies as:
- Ekropromstroy LLC,
- a subsidiary of Novatek, to which 40% of Arctic LNG-2 LLC was transferred;
- Mezhregionstroy LLC, which is building facilities for Rosneft's Vostok Oil project;
- PJSC Yakutsk Fuel and Energy Company (YTEK), responsible for the LNG Yakutia project.
Sanctions are also imposed on the largest coal exporters from Russia, such as SDS Ugol, Mechel Mining Management Company, Stroyservice JSC, and two subsidiaries of Rosatom.
The sanctions lists also include Russian military research institutes, manufacturers of unmanned aerial vehicles and electronics, as well as companies that serve the needs of the Russian military-industrial complex, along with their owners and management.
The sanctions target numerous intermediaries from the UAE, Hong Kong, Turkey, Kazakhstan, Kyrgyzstan, and China that have been supplying microelectronics to Russia in a bid to circumvent the sanctions. Some of these companies supplied goods worth millions of dollars.
Addendum
The head of the Office of the President of Ukraine, Andriy Yermak, noted that the United States is also tightening export controls to Russia and Belarus and restricting access to computer numerical control (CNC) software for companies in these countries.
131 companies from Russia, China, Iran, Turkey, the UAE, Kazakhstan and other countries suspected of violating sanctions have been added to the list of companies subject to strict export licensing requirements
In addition, the sanctions apply to networks of entities involved in the supply of the Russian military-industrial complex, including participants in the scheme of supplying Western components to the manufacturer of Sukhoi fighter jets
Recall
The EU Council has extended economic sanctions against Russia for another 6 months, until January 31, 2025. The sanctions include a wide range of restrictive measures in various sectors, including trade, finance and transportation.
