In a Washington Post interview, US Deputy Secretary of State Victoria Nuland indicated that on Friday, February 24, the United States and its European allies would unveil a fresh round of sanctions targeting Russia. The report was attributed to Nuland via the news agency TASS, signaling a coordinated effort between Washington and Brussels to tighten pressure on Moscow.
The new measures were described as extending to additional Russian banks and other entities believed to be exploiting loopholes to dodge existing sanctions. The goal, as outlined, is to curb the flow of funds and financial activity that could aid Russia’s ongoing actions in Ukraine.
There was also mention of potential sanctions aimed at Chinese companies that provide support to Russia. The US government signaled that these Chinese entities would be included in the forthcoming packages announced in coordination with partners in the G7 bloc.
Nuland stated that Chinese firms contributing to Moscow’s operations would be targeted in the sanctions packages slated for public release the following day, underscoring Washington’s intent to address both direct and indirect support for Russia’s activities.
On February 17, Nuland reiterated that the United States and its partners within the G7 were preparing to introduce what was described as a major sanctions package around February 24. The measures were intended to directly hit individuals and groups involved in Russia’s operation in Ukraine, as well as to restrict access to technology and high-tech equipment that could bolster Russia’s defense industry. The aim was to limit military and strategic capabilities by constraining supply chains that feed Moscow’s war effort.
The announcements reflect a concerted effort by Western nations to align actions across political, economic, and technological dimensions. By expanding sanctions to more institutions and tightening controls on advanced technology, the allied coalition seeks to raise the cost of Russia’s military activities while signaling unwavering support for Ukraine. Observers note that the evolving package could influence Russian financial markets, the availability of critical technologies, and the broader calculus guiding Moscow’s strategic choices in the region. Officials indicated that the measures would be coordinated and rolled out in tandem with international partners to maximize impact and minimize evasion opportunities.