New Delhi: In retaliation for Russia’s illegitimate takeover of four areas of Ukraine, the Biden administration on Friday announced fresh economic penalties against hundreds of Russian officials and organisations.
Make no mistake: these actions have no legitimacy,” President Joe Biden said in a statement slamming Russian President Vladimir Putin’s goal of recreating a Soviet-style Russian empire.
“I urge all members of the international community to reject Russia’s illegal attempts at annexation and to stand with the people of Ukraine for as long as it takes,” he said, vowing that America and its allies would hold the Kremlin accountable.
The additional restrictions target a number of front businesses established outside of Russia this year to assist significant Russian military suppliers in evading the penalties they had previously been subjected to.
The latest designations now include the wives and adult children of prominent Kremlin officials in the sanctions against them. These adjustments provide a glimpse into what U.S. officials think is working after seven months of conflict and economic sanctions.
The Treasury Department identified 14 foreign partners that helped Russia’s military supply networks. Additionally, it placed designations on 169 and 109 members, respectively, of the Federation Council of the Federal Assembly of the Russian Federation and the State Duma of Russia.
Elvira Sakhipzadovna Nabiullina, the governor of the Russian central bank and a longtime adviser to Putin, was also added on Friday. According to the Treasury Department, she has been in charge of the organization’s efforts since 2013 to shield the Kremlin from Western sanctions following Russia’s illegitimate seizure of Crimea in 2014.
Also read: Joe Biden warned of severe damages as Hurricane Ian lashed Florida
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER.
