US imposes sanctions on 400 more targets for aiding Russia's war effort
Adds Zelenskiy statement in paragraphs 8-9, financial sanction details in paragraph 13
By Simon Lewis and David Lawder
WASHINGTON, Aug 23 (Reuters) -The United States on Friday imposed sanctions on more than 400 entities and individuals for supporting Russia's war effort in Ukraine, the State Department said, including Chinese companies that U.S. officials believe are helping Moscow skirt Western sanctions and build up its military.
Washington has repeatedly warned Beijing over its support for Russia's defense industrial base and has already issued hundreds of sanctions aimed at restricting Moscow's ability to exploit certain technologies for military purposes.
Friday's sanctions include measures against companies in China involved in shipping machine tools and microelectronics to Russia, according to a State Department fact sheet outlining its sanctions against 190 targets.
The U.S. Treasury Department said it was also targeting transnational networks involved in procuring ammunition and other materiel for Russia, helping Russian oligarchs and others evade sanctions and laundering gold for a sanctioned company.
"Russia has turned its economy into a tool in service of the Kremlin’s military industrial complex," Deputy Treasury Secretary Wally Adeyemo was quoted as saying in the statement.
"Companies, financial institutions, and governments around the world need to ensure they are not supporting Russia’s military-industrial supply chains."
The Biden administration also added 123 entities to its U.S. export control list known as the Entity List that forces suppliers to obtain licenses before shipping to targeted companies. Those added on Friday included 63 entities in Russia and 42 in China, according to a notice published in the Federal Register.
Ukrainian President Volodymyr Zelenskiy thanked the U.S. for the "additional strong sanctions" in a message on the X social media platform, saying they would further weaken Russia's ability to "wage an aggressive war against Ukraine."
"Pressure on the aggressor must be maintained and increased constantly as long as Russia continues its aggression," Zelenskiy added.
Russia's embassy in Washington did not immediately respond to a request for comment on the new sanctions.
After seizing Crimea from Ukraine in 2014, Russia launched a full-scale invasion of its neighbor in 2022, triggering a host of new U.S. economic sanctions on Moscow.
The war escalated on Aug. 6 when Ukraine sent thousands of soldiers over the border into Russia's western Kursk region. Kyiv has since announced a string of battlefield successes, but Russian forces continue to steadily inch forward in eastern Ukraine.
The U.S. Treasury said it was imposing sanctions on several Russian financial technology, securities, real estate lending and other financial firms, but it stopped short of imposing sanctions against foreign banks for aiding transactions that support Russia's war effort. The Treasury has warned banks since December that continued transactions in Russia's war economy could cut them off from the dollar-based financial system.
CHINA TARGETS
The State Department's sanctions include moves aimed at stifling Russia's energy sector and against companies in Turkey, the United Arab Emirates and Central Asian economies that the U.S. believes are helping Russia evade sanctions, the State Department said.
"Today's actions hit Russia where it hurts - degrading its ability to generate revenue through its energy projects and disrupting its acquisition of materiel to supply its war machine," said Aaron Forsberg, the State Department's director for economic sanctions policy and implementation.
Targets include the import-export arm of China's Dalian Machine Tool Group, which the State Department said had supplied $4 million of dual-use items to Russian companies.
The Treasury also targeted more than 20 Hong Kong and China-based firms it said were supplying Russia's military industrial base.
China's embassy in Washington did not immediately respond to a request for comment.
China says it has not provided weaponry to Russia for the war in Ukraine, but defends what it calls normal trade between China and Russia.
The latest U.S. sanctions include measures against firms supplying components used in the Orlan drones that Russia is using in Ukraine.
Washington also sought with the sanctions to disrupt future energy projects in Russia and its shipment of liquefied natural gas. It targeted Russia's $21 billion Arctic LNG 2 project, which has already been hit by Western sanctions that have curbed its access to ice-class tankers, and other companies involved in future energy projects in Russia, according to the fact sheet.
The sanctions also targeted companies involved in the shipments, like UAE-based White Fox Ship Management, which the U.S. says recently acquired four tankers to ship LNG.
Reporting by Simon Lewis and David Lawder; additional reporting by David Brunnstrom; Editing by Jamie Freed, Angus MacSwan and Jonathan Oatis
Últimas notícias
Isenção de Responsabilidade: As entidades do XM Group proporcionam serviço de apenas-execução e acesso à nossa plataforma online de negociação, permitindo a visualização e/ou uso do conteúdo disponível no website ou através deste, o que não se destina a alterar ou a expandir o supracitado. Tal acesso e uso estão sempre sujeitos a: (i) Termos e Condições; (ii) Avisos de Risco; e (iii) Termos de Responsabilidade. Este, é desta forma, fornecido como informação generalizada. Particularmente, por favor esteja ciente que os conteúdos da nossa plataforma online de negociação não constituem solicitação ou oferta para iniciar qualquer transação nos mercados financeiros. Negociar em qualquer mercado financeiro envolve um nível de risco significativo de perda do capital.
Todo o material publicado na nossa plataforma de negociação online tem apenas objetivos educacionais/informativos e não contém — e não deve ser considerado conter — conselhos e recomendações financeiras, de negociação ou fiscalidade de investimentos, registo de preços de negociação, oferta e solicitação de transação em qualquer instrumento financeiro ou promoção financeira não solicitada direcionadas a si.
Qual conteúdo obtido por uma terceira parte, assim como o conteúdo preparado pela XM, tais como, opiniões, pesquisa, análises, preços, outra informação ou links para websites de terceiras partes contidos neste website são prestados "no estado em que se encontram", como um comentário de mercado generalizado e não constitui conselho de investimento. Na medida em que qualquer conteúdo é construído como pesquisa de investimento, deve considerar e aceitar que este não tem como objetivo e nem foi preparado de acordo com os requisitos legais concebidos para promover a independência da pesquisa de investimento, desta forma, deve ser considerado material de marketing sob as leis e regulações relevantes. Por favor, certifique-se que leu e compreendeu a nossa Notificação sobre Pesquisa de Investimento não-independente e o Aviso de Risco, relativos à informação supracitada, os quais podem ser acedidos aqui.
