{"id":27081,"date":"2024-02-23T16:05:37","date_gmt":"2024-02-23T16:05:37","guid":{"rendered":"https:\/\/one.sightlinemg.com\/c4isrnet\/uncategorized\/2024\/02\/23\/treasury-state-commerce-impose-hundreds-of-new-sanctions-on-russia\/"},"modified":"2026-08-08T05:09:43","modified_gmt":"2026-08-08T05:09:43","slug":"treasury-state-commerce-impose-hundreds-of-new-sanctions-on-russia","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/c4isrnet\/newsletters\/unmanned-systems\/2024\/02\/23\/treasury-state-commerce-impose-hundreds-of-new-sanctions-on-russia\/","title":{"rendered":"Treasury, State, Commerce impose hundreds of new sanctions on Russia"},"content":{"rendered":"\n

The United States and the European Union are piling new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation for the death of noted Kremlin critic Alexei Navalny last week in an Arctic penal colony.<\/p>\n\n\n\n

The U.S. Treasury, State Department and Commerce Department plan Friday to impose roughly 600 new sanctions on Russia and its war machine in the largest single tranche of penalties since Russia\u2019s invasion of Ukraine<\/a> on Feb. 24, 2022. They come on the heels of a series of new arrests and indictments announced by the Justice Department on Thursday that target Russian businessmen, including the head of Russia\u2019s second-largest bank, and their middlemen in five separate federal cases.<\/p>\n\n\n\n

The EU announced Friday that it is imposing sanctions on several foreign companies over allegations that they have exported dual-use goods to Russia that could be used in its war against Ukraine<\/a>. The 27-nation bloc also said that it was targeting scores of Russian officials, including \u201cmembers of the judiciary, local politicians and people responsible for the illegal deportation and military re-education of Ukrainian children.\u201d<\/p>\n\n\n\n

\u201cThe American people and people around the world understand that the stakes of this fight extend far beyond Ukraine,\u201d President Joe Biden said in a statement announcing the sanctions. \u201cIf Putin does not pay the price for his death and destruction, he will keep going. And the costs to the United States \u2014 along with our NATO Allies and partners in Europe and around the world \u2014 will rise.\u201d<\/p>\n\n\n\n

While previous sanctions<\/a> have increased costs for Russia\u2019s ability to fight in Ukraine, they appear to have done little so far to deter Putin\u2019s aggression or ambitions. The Biden administration is levying additional sanctions as House Republicans are blocking billions of dollars in additional aid to Ukraine.<\/p>\n\n\n\n

The war is becoming entangled in U.S. election-year politics, with former President Donald Trump voicing skepticism about the benefits of the NATO alliance and saying that he would \u201cencourage\u201d Russia<\/a> to \u201cdo whatever the hell they want\u201d to countries that, in his view, are not pulling their weight in the alliance.<\/p>\n\n\n\n

Many of the new U.S. sanctions announced Friday target Russian firms that contribute to the Kremlin\u2019s war effort \u2014 including drone and industrial chemical manufacturers and machine tool importers \u2014 as well as financial institutions, such as the state-owned operator of Russia\u2019s Mir National Payment System.<\/p>\n\n\n\n

In response to Navalny\u2019s death, the State Department is designating three Russian officials the U.S. says are connected to his death, including the deputy director of Russia\u2019s Federal Penitentiary Service, who was promoted by Putin to the rank of colonel general on Monday, three days after Navalny died.<\/p>\n\n\n\n

The sanctions would bar the officials from traveling to the U.S. and block access to U.S.-owned property. It is unclear, however, how many of the sanctioned officials travel to or have assets or family in the West. If they do not, the sanctions may be largely symbolic.<\/p>\n\n\n\n

The U.S. also will impose visa restrictions on Russian authorities it says are involved in the kidnapping and confinement of Ukrainian children<\/a>.<\/p>\n\n\n\n

In addition, 26 third-country people and firms from across China, Serbia, the United Arab Emirates, and Liechtenstein are listed for sanctions, for assisting Russia in evading existing financial penalties.<\/p>\n\n\n\n

The Russian foreign ministry said the EU sanctions are \u201cillegal\u201d and undermine \u201cthe international legal prerogatives of the UN Security Council.\u201d In response, the ministry is banning some EU citizens from entering the country because they have provided military assistance to Ukraine. It did not immediately address the U.S. sanctions.<\/p>\n\n\n\n

The U.S. specifically was to target individuals associated with Navalny\u2019s imprisonment a day after Biden met with the opposition leader\u2019s widow and daughter in California. It was also hitting \u201cRussia\u2019s financial sector, defense industrial base, procurement networks and sanctions evaders across multiple continents,\u201d Biden said. \u201cThey will ensure Putin pays an even steeper price for his aggression abroad and repression at home.\u201d<\/p>\n\n\n\n

The EU asset freezes and travel bans constitute the 13th package of measures imposed by the bloc against people and organizations it suspects of undermining the sovereignty<\/a> and territorial integrity of Ukraine.<\/p>\n\n\n\n

\u201cToday, we are further tightening the restrictive measures against Russia\u2019s military and defense sector,\u201d EU foreign policy chief Josep Borrell said. \u201cWe remain united in our determination to dent Russia\u2019s war machine and help Ukraine win its legitimate fight for self-defense.\u201d<\/p>\n\n\n\n

In all, 106 more officials and 88 \u201centities\u201d \u2014 often companies, banks, government agencies or other organizations \u2014 have been added to the bloc\u2019s sanctions list, bringing the tally of those targeted to more than 2,000 people and entities, including Russian President Vladimir Putin and his associates.<\/p>\n\n\n\n

Companies making electronic components, which the EU believes could have military as well as civilian uses, were among 27 entities accused of \u201cdirectly supporting Russia\u2019s military and industrial complex in its war of aggression against Ukraine,\u201d a statement said.<\/p>\n\n\n\n

Those companies \u2014 some of them based in India, Sri Lanka, China, Serbia, Kazakhstan, Thailand and Turkey \u2014 face tougher export restrictions.<\/p>\n\n\n\n

The bloc said the companies \u201chave been involved in the circumvention of trade restrictions,\u201d and it accuses others of \u201cthe development, production and supply of electronic components\u201d destined to help Russia\u2019s armed forces.<\/p>\n\n\n\n

Some of the measures are aimed at depriving Russia of parts for pilotless drones<\/a>, which are seen by military experts as key to the war.<\/p>\n\n\n\n

Since the start of the war, U.S. Treasury and State departments have designated over 4,000 officials, oligarchs, firms, banks and others under Russia-related sanctions authorities. A $60 per barrel price cap has also been imposed on Russian oil by Group of Seven allies, intended to reduce Russia\u2019s revenues from fossil fuels.<\/p>\n\n\n\n

Critics of the sanctions, price cap and other measures meant to stop Russia\u2019s invasion say they are not working fast enough.<\/p>\n\n\n\n

Maria Snegovaya, a senior fellow at the Center for Strategic and International Studies, said that primarily sanctioning Russia\u2019s defense industry and failing to cut meaningfully into Russia\u2019s energy revenues will not be enough to halt the war.<\/p>\n\n\n\n

\u201cOne way or another, they will have to eventually address Russia\u2019s oil revenues and have to consider an oil embargo,\u201d Snegovaya said. \u201cThe oil price cap has effectively stopped working.\u201d<\/p>\n\n\n\n

Treasury Deputy Secretary Wally Adeyemo, in previewing the new sanctions, told reporters that the U.S. and its allies will not lower the price cap; \u201crather what we\u2019ll be doing is taking actions that will increase the cost\u201d of Russia\u2019s production of oil.<\/p>\n\n\n\n

He added that \u201csanctions alone are not enough to carry Ukraine to victory.\u201d<\/p>\n\n\n\n

\u201cWe owe the Ukrainian people who have held on for so long the support and resources they desperately need to defend their homeland and prove Putin wrong once and for all time.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Many target Russian firms that contribute to the Kremlin\u2019s war effort. including drone and industrial chemical manufacturers and machine tool 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