The American president is targeting people linked to the detention of Alexei Navalny, as well as officials in the financial sector, the defense industry, purchasing networks and evading sanctions imposed on Moscow.
Joe Biden announced on Friday that the United States would impose sanctions on more than 500 people or entities linked to Russian forces' invasion of Ukraine nearly two years ago or to the detention of opponent Alexei Navalny, whose Death was announced a week ago.
“They will ensure that (Vladimir) Putin pays an even higher price for his aggression abroad and his repression at home,” Joe Biden said.
These measures by the US Treasury Department, announced at the same time as British and European sanctions, target people linked to the detention of Alexei Navalny, as well as officials in the financial sector, the defense industry and purchasing networks, as well as to circumvent the anti-Moscow sanctions sanctions imposed by the West since the invasion of February 24, 2022.
New export restrictions are also to be imposed on around 100 companies.
“Before it is too late”
These new sanctions come while the Joe Biden administration-backed project of new military aid to Ukraine is still blocked by Republican opposition in Congress.
“After two years of war, Ukrainians continue to fight with admirable courage. But they're running out of ammunition. “Ukraine needs more supplies from the United States to withstand Russia’s relentless attacks, enabled by the weapons and ammunition of Iran and North Korea,” Joe Biden said.
“That’s why the House must pass the new bipartisan national security bill before it’s too late.”