Sanctions due to war in Ukraine and Navalny’s death: Biden announces new restrictions on Russia

The US leader said large-scale economic restrictions would affect the Russian financial sector, military-industrial complex, procurement networks and sanctions evaders on many continents.

On Friday, February 23, US President Joe Biden announced that the US has imposed more than 500 new sanctions on Russia and new export restrictions on nearly 100 organizations. This was stated in a statement from the White House.

Biden’s published statement marks the second anniversary of Russia’s large-scale invasion.

“The brave people of Ukraine continue to fight, without compromising their determination to defend their freedom and their future. NATO is stronger and more united than ever. And the unprecedented 50-nation global coalition supporting Ukraine, led by the United States, remains determined. Biden said, “Ukraine “We are working to provide critical assistance to Russia and hold Russia accountable for its aggression,” he said.

He said the American people and people around the world understand that the risks in this struggle go far beyond Ukraine. Biden reminded that Putin occupied Crimea 10 years ago and established puppet regimes in the Lugansk and Donetsk regions of Ukraine. And two years ago he tried to wipe Ukraine off the world map. Therefore, the American leader believes that if Putin does not pay the price for all the death and destruction, he will move on.

“Today, I am announcing more than 500 new sanctions against Russia for its ongoing war of conquest against Ukraine and the death of Alexei Navalny, a courageous anti-corruption activist and leader of Putin’s opposition. These sanctions will affect individuals associated with Navalny’s imprisonment Along with the Russian financial sector, “the military-industrial complex, procurement networks and sanctions on many continents are evading.” These will make Putin pay an even greater price for his aggression abroad and his repression at home,” the White House chief said.

Washington also imposed new export restrictions on about 100 organizations that provide covert support to the Russian military machine, the US president said.

Additionally, Biden emphasized that Ukraine’s ammunition was exhausted and called on the House of Representatives to approve the aid to Kiev “before it is too late.”

“The failure to support Ukraine at this critical moment will not be forgotten. Now is the time for us to stand strong for Ukraine and unite with our allies and partners. Now is the time to prove that the United States stands for freedom and bows to the good.” “one,” he said.

Let us recall that United States President Joe Biden met with the widow and daughter of Russian opposition leader Alexei Navalny on February 22. He then announced sanctions against the Russian president.

On February 23, the European Union approved the 13th sanctions package against Russia. The list includes 88 legal entities and 106 individuals. Sanctioned individuals and companies are involved in the supply of weapons from North Korea to Russian territory and contribute to the deportation and hiding of Ukrainian children. In total, the EU Council added 27 new organizations to the list of direct supporters of the Russian military-industrial complex.

Source: Focus

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