Home » News » Biden has imposed 500 new sanctions against Russia – 2024-02-26 04:20:01

Biden has imposed 500 new sanctions against Russia – 2024-02-26 04:20:01

American President Joe Biden announced today that Washington is imposing more than 500 new penalties at the expense of of Russiaas the United States seeks to increase pressure on Moscow to mark the second anniversary of Russia’s war in Ukraine.

The United States will also impose new export restrictions on nearly 100 entities for providing support to Russia, while also taking action to further reduce Russia’s energy revenues, Biden said in a statement.

The measures are intended to make Russia face consequences for the war it is waging, as well as for the death of opposition leader Alexei Navalny, Biden said.

“They will ensure that Putin pays an even greater price for his aggression abroad and oppression at home,” Biden said of the sanctions.

Today’s measures target individuals linked to Navalny’s imprisonment as well as Russia’s financial sector, defense industry and its multi-continent supply networks, he said.

“In the two years that this war has been going on, the people of Ukraine continue to fight with tremendous courage. But they are running out of ammunition. “Ukraine needs more supplies from the United States to counter Russia’s incessant attacks, which are enabled by weapons and ammunition from Iran and North Korea,” Biden said.

“That’s why the House of Representatives must pass the bipartisan national security supplemental bill before it’s too late.”

Source: RES-MPE

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