“New US Sanctions Target Russian War Machine: Latest Updates and Analysis”

2023-05-18 23:55:40

The US announced this Friday new sanctions once morest the “Russian war machine,” said a senior White House official, as part of the concerted effort of the G7 countries.

It specifically deals with a ban on US exports to 70 entities in Russia and other countries.

All the member states of the G7, whose leaders meet at a summit in Hiroshima, Japan, are preparing new measures.

The United States contributes a “consistent” package of sanctions that “will make it even more difficult for Russia to fuel its war machine,” the source said.

In addition to those already mentioned, there will also be sanctions once morest some 300 “people, organizations, ships and planes” in Europe, the Middle East and Asia.

The US measures are aimed at “significantly restricting Russia’s access to products necessary for its combat capabilities,” said the senior US official.

Western countries have applied an unprecedented series of sanctions once morest Russia since the invasion of Ukraine in February 2022, to affect that country economically.

This, by reducing the income generated by hydrocarbons and disorganizing its defense industry.

The US seeks to affect its extractive capacities with sanctions

The United States seeks to “put pressure on the (Russian) financial sector and Russia’s energy production capacity in the medium and long term,” said the senior White House official.

It is also regarding “maintaining the freeze on Russian sovereign assets”.

The sanctions of the other G7 countries will be announced in a summit communiqué that will be dedicated to Ukraine.

Having already put pressure on the Russian economy, Ukraine’s allies are now seeking to prevent the Moscow regime from evading sanctions.

That is one of the objectives of the measures announced by the United States. “We are going following the circumvention, financial enablers and extractive capabilities of Russia and other actors that help support the war,” the source said.

The G7 summit is attended by all its members (United States, United Kingdom, Germany, France, Japan, Italy and Canada), as well as India, Brazil and Indonesia, invited by the host country.

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