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US expands sanctions on Russian firms, individuals

Press TV – January 26, 2018

The United States has expanded its sanctions against Russia by adding more individuals and companies to its blacklist because of what Washington calls Moscow’s continued interference in Ukraine.

The US Treasury Department announced on Friday it had added 21 people and nine companies to the sanctions list, including some that had been involved in the delivery of Siemens gas turbines to Crimea. According to the statement, Russian Deputy Energy Minister Andrey Cherezov was in the black list.

“Today’s action is part of Treasury’s continued commitment to maintain sanctions pressure on Russia,” the department said in a statement.

“This action underscores the US government’s opposition to Russia’s occupation of Crimea and firm refusal to recognize its attempted annexation of the peninsula,” it added.

The latest sanctions have also affected some power and energy companies, including Techno-prom-export engineering company and multiple subsidiaries of oil producer Surgut-nefte-gaz.

On Thursday, the US called on the EU to follow in the footsteps of the US by blacklisting more Russian oligarchs in line with a US sanctions review.

The US has also blacklisted dozens of Russian individuals and companies over what Washington calls Russia’s interference in Ukraine and its meddling in the 2016 presidential election.

The US and its allies had already levied broad economic sanctions against Russia over its alleged support for pro-Russia separatist forces in eastern Ukraine and Crimea’s reunification with Russia after a referendum in 2014.

January 27, 2018 - Posted by | Economics, Russophobia | ,

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