U.S. Expands Sanctions on Russia, Targets Chinese Firms for Aiding War Effort
The U.S. intensifies sanctions against Russia and Chinese entities, aiming to curtail technological support for Moscow's military operations in Ukraine.
- The U.S. issued sanctions targeting nearly 300 Russian and Chinese entities, including technology suppliers and companies aiding Russia's military.
- Sanctions focus on firms in China, Turkey, and UAE, accused of helping Russia procure crucial technology and equipment.
- State Department actions include restrictions on Russia's future energy projects and shipping capabilities, particularly impacting the Arctic LNG 2 project.
- Sanctions also target individuals and entities linked to the death of Russian opposition leader Alexei Navalny, underscoring U.S. disapproval of Russia's internal repression.
- The U.S. reaffirms its commitment to using sanctions to disrupt Russia's military capabilities and financial networks.