US imposes new sanctions on 400 entities for aiding Russian invasion of Ukraine
US Treasury Department
In a new move to support Ukraine in its war with Russia, the United States has imposed a new set of sanctions on more than 400 entities, accused of supporting Russia during its war with Ukraine.
The US Department of the Treasury and the Department of State, on Friday, targeted these entities, both in Russia and outside its borders, including in Asia, Europe and West Asia.
The sanctions list includes 34 Russians, including the son of Russian Defence Minister Andrey Belousov, Pavel Belousov, according to Russian state agency TASS.
Along with Russian entities, the sanctions are also imposed on citizens of Turkey, Italy, Belarus, Austria, Switzerland and Liechtenstein.
The Biden administration also imposed sanctions on Palau and Panama-flagged tankers intended for the transportation of liquefied natural gas: Asya Energy, Everest Energy, North Air, North Mountain, North Sky, North Way, and Pioneer.
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The US treasury added that they are targetting Russian financial technology companies, providing necessary software and IT solutions for Russia's financial sector.
Watch |Russia-Ukraine War: US announces new round of military assistance for Ukraine
Moreover, the US administration also added 123 firms to the US export control list, including 42 Chinese firms and 63 Russian firms, as per a notice published in the Federal Register.
The US has been warning China from supply machinery and technology to Russia and supporting Moscow's military-industrial base.
China's response to US sanctions
China said that it has not provided weapons or machinery to Russia in its war against Ukraine, further explaining, that it was normal trade between Beijing and Moscow.
Deputy Secretary of the Treasury Wally Adeyemo, said, "Russia has turned its economy into a tool in service of the Kremlin’s military-industrial complex. Treasury’s actions today continue to implement the commitments made by President Biden and his G7 counterparts to disrupt Russia’s military-industrial base supply chains and payment channels."
Adeyemo added, "The companies, financial institutions, and governments worldwide need to ensure they are not supporting Russia's military-industrial supply chains.”
(With inputs from agencies)