US and EU pile new sanctions on Russia for the Ukraine war’s 2nd anniversary and Navalny’s death

Feb23,2024



Washington: The United States and the European Union imposed hundreds of new pledges on Friday restrictions But Russia In connection with the second anniversary of the attack on ukraine And in retaliation for the death of the famous Kremlin critic Alexei Navalny Last week in the Arctic penal colony.
The US government imposed nearly 600 new sanctions on Russia and its war machine in the largest single round of penalties since Russia's invasion of Ukraine on February 24, 2022.
The EU, for its part, imposed sanctions on several foreign companies over allegations that they exported dual-use goods to Russia that could be used in the war against Ukraine. The 27-nation bloc also targeted a number of Russian officials, including members of the judiciary, local politicians and those “responsible for the illegal deportation and military re-education of Ukrainian children.”
President Joe Biden said the sanctions come in response to Russian President Vladimir Putin's “brutal war of conquest” and Navalny's death, adding that “In the United States we will continue to ensure that Putin is not deterred from his aggression abroad and A price has to be paid for oppression.” At home.”
But while previous sanctions have increased the cost of Russia's ability to fight in Ukraine, they appear to have done little so far to deter Putin and it was not clear that the latest big round would make a significant difference. .
In a specific response to Navalny's death, the State Department targeted three Russian officials whom the US says are linked to his death, including the deputy director of Russia's Federal Penitentiary Service, whom Putin Three days later, on Monday, he was promoted to the post of Colonel General. Navalny died.
Sanctions prevent officials from traveling to the US and access to US-owned assets. But they appear to have been largely symbolic, as officials were unlikely to travel to the West or keep property or families.
White House national security spokesman John Kirby said he would “expect more action” related to Navalny's death later, adding that “today is just a start.”
The Biden administration is imposing additional sanctions as House Republicans block billions of dollars of additional aid to Ukraine. The war is becoming entangled in US election year politics, with former President Donald Trump expressing skepticism about the benefits of the NATO alliance and saying he would allow Russia to do “whatever it wants” with those countries. Will “encourage”. See, we are not pulling our weight in the alliance.
Biden on Friday called on Congress to pass Ukraine aid, which has been stalled since House Speaker Mike Johnson blocked votes on Senate-passed aid for Ukraine and other countries.
“Russia is occupying Ukrainian territory for the first time in several months,” Biden said. “But here in America, the Speaker gave the House a two-week recess. They have to come back and get this job done, because the failure to support Ukraine at this critical moment will never be forgotten in history.”
Many of the new U.S. sanctions announced Friday target Russian companies that contribute to the Kremlin's war effort — such as drone and industrial chemical manufacturers and machine tool importers — as well as financial institutions, such as Russia's Mir National Payment System. State-owned operator.
The US will also impose visa restrictions on Russian officials it says are involved in the abduction and imprisonment of Ukrainian children. Additionally, 26 third-country individuals and firms from China, Serbia, the United Arab Emirates and Liechtenstein have been listed for sanctions for assisting Russia in evading existing financial penalties.
The Russian Foreign Ministry described the EU sanctions as “illegal” and said they undermine “the international legal prerogatives of the UN Security Council”. In response, the ministry is banning some EU citizens from entering the country because they have provided military aid to Ukraine. It did not immediately address US sanctions.
Overall, since the beginning of the war, the U.S. Treasury and State departments have targeted more than 4,000 officials, oligarchs, firms, banks, and others under Russia-related sanctions authorities. The EU asset freeze and travel ban is the 13th package of measures imposed by the bloc against people and organizations it suspects of undermining Ukraine's sovereignty and territorial integrity.
“Today, we are further tightening restrictive measures against Russia's military and defense sector,” EU foreign policy chief Josep Borrell said. “We are united in our determination to break Russia's war machine and help Ukraine win its legitimate fight for self-defense.”
In total, 106 more officials and 88 “entities” – often companies, banks, government agencies or other organizations – have been added to the bloc's sanctions list, targeting more than 2,000 people and entities, including Putin and his family. Associate.
A statement said companies making electronic components, which the EU believes could have military as well as civilian uses, were among 27 entities targeted by Ukraine's It was accused of “directly supporting the Russian military and industrial complex in a war of aggression against Russia.”
Those companies – some of which are based in India, Sri Lanka, China, Serbia, Kazakhstan, Thailand and Turkey – face tight export restrictions.
Some of the measures are aimed at depriving Russia of parts for pilotless drones, which military experts see as key to the war.
A $60 per barrel price cap on Russian oil has also been imposed by the Group of Seven allies, aimed at reducing Russia's revenues from the fossil fuel.
Critics of sanctions, price caps and other measures imposed to stop Russia's aggression say they are not working fast enough.
Maria Snegovaya, senior fellow at the Center for Strategic and International Studies, said that primarily sanctioning Russia's defense industry and failing to meaningfully cut Russia's energy revenues would not be enough to prevent war.
“One way or another, they will eventually have to look at Russia's oil revenues and consider oil sanctions,” Snegovaya said. “Oil price caps have stopped working effectively.”
Previewing the new sanctions, Deputy Secretary of the Treasury Wally Adeyemo told reporters that the US and its allies would not lower the price limits; “Rather what we will do is take actions that will increase the cost of Russia's oil production.”
He added that “Sanctions alone are not enough to bring Ukraine to victory.”
“We are indebted to the Ukrainian people who have pledged their support and resources for so long to defend their homeland and prove Putin wrong once and for all.”



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