“As much as needed.” What sanctions did the USA impose on Russia The US Treasury imposed sanctions on 11 Russian banks

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US Treasury announced On the introduction of a new package of anti-Russian sanctions, which coincided with the anniversary of the start of the military operation of the RF Armed Forces in Ukraine.

“Over the past year, we, with a historic coalition of international partners, have taken a number of actions aimed at degrading Russia’s military-industrial complex and reducing the revenue it uses to finance the war. “Our sanctions have had both short-term and long-term effects.”

“Our actions today with G7 partners show that we will support Ukraine no matter how long it takes,” Yellen said.

Financial Institutions

The blacklist specifically includes the following Russian banks:

– Moscow Credit Bank. As noted by the US Treasury, MCB is still the largest non-state public bank in Russia. The European Union removed SWIFT from the international payment system in June 2022 and completely blocked the bank in December 2022;

— Metallurgical Investment Bank (Metallinvestbank). According to Washington, it used alternative payment methods to facilitate receipt of payments for Russian exports;

— MTS Bank, which the UK is still sanctioning today;

– Bank of St. Petersburg (also under London sanctions);

– Public Joint Stock Company “Ural Bank for Reconstruction and Development” is also under the sanctions of Canada and England.

In addition, Zenit Bank, UralSib and others were also subject to US restrictions.

In addition to banks, sanctions were imposed against companies that manage wealthy Russian money (especially Veles Capital and related companies, financial company CONFIDERI Pte Ltd and 14 companies linked to Russia, according to the US Treasury Department). businessman Alexander Udodov).

Skabeeva, Zhoga and ministers

Washington also sanctioned 200 people. These include Deputy Prime Minister Tatyana Golikova, Minister of Science and Higher Education Valery Falkov, Minister of Far East and Arctic Development Alexei Chekunkov, Minister of Labor and Social Protection Anton Kotyakov, Minister of Natural Resources and Ecology Alexander Kozlov. Minister of Culture Olga Lyubimova, Minister of Sports Oleg Matytsin, Minister of Digital Development, Telecommunications and Mass Media Maksut Shadayev, Minister of Energy Nikolai Shulginov, Head of the Ministry of Emergencies of Russia Alexander Kurenkov, correspondent of All-Russian State Television and Radio Broadcasting Company Olga Skabeeva, Spartan battalion Artem Zhoga commander and acting head of LPR Leonid Pasechnik.

Visa restrictions were imposed on more than 1,200 Russian soldiers who were said to “threaten or violate Ukraine’s sovereignty, territorial integrity or political independence”.

Military-industrial complex, metallurgy, mining

The Ministry of Finance also expanded sanctions against the Russian military-industrial complex, enterprises producing carbon fiber, the aviation sector and the electronics sector.

Thus, UMATEKS JSC, part of Rosatom, its three subsidiaries, one of which is located in the Czech Republic, the Russian company UVICOM LTD, JSC Prepreg – Modern Composite Materials, LLC Alabuga-Volokno, LLC ” Prepreg-Dubna, JSC NIGRAFIT, JSC Ural Composite Materials Research Institute, Perm Technology Research Institute.

“NPO Mashinostroeniya” was included in the list of alleged “harmful foreign activities of Russia”. In 2014, restrictions were imposed on NGOs.

To the sanctions list of the United States are the Central Research Institute of Burevestnik (weapons company engaged in metalworking), Metallurg-Tulamash LLC (the steel plant produces weapons for the Russian Navy), TPZ-Rondol LLC, Mtsenskprokat LLC (also a supplier of defense industry enterprises).

US authorities also imposed export restrictions on the Skolkovo Foundation and the Skolkovo Institute of Science and Technology (Skoltech). TASS source in the background guaranteesthat this decision will not have any impact on the activities of neither the fund nor Skoltech.

US Department of State sanctions imposed Against the Zaporozhye nuclear power plant. In particular, the general director of the organization, Oleg Romanenko, came under restrictions.

Aluminum taxes

US President Joe Biden also announced a 200% customs duty on imports of aluminum products produced in Russia. They will be introduced in March.

“As of March 10, 2023, it is necessary and appropriate to impose 200% customs duty on the import of aluminum products produced in Russia. <…> The White House said a 200 percent tariff would be imposed on imports of aluminum products if any of the primary aluminum used in the manufacture of aluminum products was melted in Russia or the aluminum products were spilled in Russia.

Biden added that other countries “share concerns” about aluminum imports from Russia and its impact on national security. “Any country that imposes a duty of 200 percent or more on imports of aluminum products manufactured in Russia may be exempt from the tax imposed by this regulation,” the US President said.

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