USA announced new sanctions against Russia

The US Department of the Treasury noted on April 12, 2023, that the US government has imposed sanctions against 25 people and several dozen organizations involved in Russian profit-making schemes mediated by oligarch Alisher Usmanov.

Source: The US Department of the Treasury

“Today, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) is further curbing Russia’s access to the international financial system through facilitators and their businesses. The United States, in coordination with the United Kingdom, is targeting the facilitation network of Alisher Usmanov, who is subject to sanctions in multiple jurisdictions,” reported the US Department of the Treasury.

Sanctions are introduced to strengthen existing restrictions on Russian imports of critical technologies used in the war against Ukraine.

“In total, OFAC is designating 25 individuals and 29 entities with touchpoints in 20 jurisdictions. The U.S. Department of State is concurrently designating several entities operating in the defense sector of the Russian Federation economy and entities supporting Russia’s war against Ukraine, as well as additional entities associated with Russia’s State Atomic Energy Corporation (Rosatom),” added the US Department of the Treasury.

At the same time, the US Department of Commerce also introduced sanctions, adding 28 organizations to the “black list”.

Uaposition memo: US sanctions against one of Russia’s richest men, Alisher Usmanov, were introduced at the beginning of March 2022. He owns huge stakes in many sectors of the economy, including metallurgy, mining, telecommunications and information technology. Alisher Usmanov is said to be close to several high-ranking Russian officials, including Russian President Vladimir Putin.

See also: US and its allies have blocked $58B worth of Russian assets

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