New US sanctions on Russia target weapons development
1 May 2024, 19:04
The sanctions come as the Senate gave final approval to legislation barring imports of Russian uranium.
The US has imposed new sanctions on hundreds of firms and people tied to Russia’s weapons development programme, Chinese firms accused of helping Russia evade sanctions and individuals tied to the death of Russian dissident Alexey Navalny.
The sanctions imposed by the Treasury and State departments target Russia’s military-industrial base, chemical weapons programmes and people and firms in third countries that help Russia acquire weapons components as its invasion of Ukraine has entered its third year.
Treasury Secretary Janet Yellen said the action “will further disrupt and degrade Russia’s war efforts by going after its military industrial base and the evasion networks that help supply it”.
The sanctions come as the Senate gave final approval to legislation barring imports of Russian uranium, boosting US efforts to disrupt Russia’s war in Ukraine. President Joe Biden is expected to sign the Bill into law.
About 12% of the uranium used to produce electricity at US nuclear power plants is imported from Russia, according to the US Energy Information Administration.
A spokesperson for the National Security Council said on Wednesday that Mr Biden shares politicians’ concerns about US reliance on Russia for low-enriched uranium to support its domestic nuclear fleet.
Included in Wednesday’s sanctions announcement are importers of cotton cellulose and nitrocellulose — used to produce gunpowder, rocket propellants and other explosives. Also included are Russian government entities and people tied to Russia’s chemical and biological weapons programmes and firms related to Russia’s natural gas construction projects.
Russian President Vladimir Putin has repeatedly railed against several rounds of US and western sanctions, claiming last year that they are “illegitimate sanctions” on his country.
A group of 16 targets in China and Hong Kong, most of which are related to Russian procurement workarounds, are also included in the latest sanctions announcement.
Firms in countries including China, Azerbaijan, Belgium, Slovakia, Turkey and the United Arab Emirates are accused of helping Russia acquire technology and equipment from abroad. The penalties aim to block them from using the US financial system and bar American citizens from dealing with them.
The sanctions come after Mr Biden last week said he would immediately rush badly needed weaponry to Ukraine as he signed into law a 95 billion dollar (£76 billion) war aid measure that also included assistance for Israel, Taiwan and other global hot spots.
Ms Yellen said with the sanctions and supplemental funding combined, “our support for Ukraine and our relentless targeting of Russia’s military capacity is giving Ukraine a critical leg-up on the battlefield”.
