Publish: 14:00, 01 Oct, 2022

US announces ‘severe’ Russia sanctions

Online Desk
US announces ‘severe’ Russia sanctions

The United States announced a new round of sanctions against hundreds of Russia-linked firms and officials over Moscow’s annexation of Ukrainian territories, reports Aljazeera.

US President Joe Biden has called the annexation as a show of “contempt for peaceful nations”.

The Department of the Treasury on Friday targeted nearly 300 members of Russia’s legislature, as well as companies and individuals it accused of links to the country’s “military-industrial complex”, including the Russian central bank governor.

The sanctions, which Secretary of the Treasury Janet Yellen called “swift and severe”, freeze the targeted groups’ and individuals’ assets in the US and make it illegal for American citizens to do business with them.

In a statement Yellen said, “The Treasury Department and US government are taking sweeping action today to further weaken Russia’s already degraded military industrial complex and undermine its ability to wage its illegal war.”

Bd-pratidin English/Golam Rosul

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