LOC21:03
18:03 GMT
WASHINGTON, April 12 (KUNA) -- The US Department of the Treasury's Office of Foreign Assets Control (OFAC) is further curbing Russia's access to the international financial system through facilitators and their businesses Wednesday.
The United States, in coordination with the United Kingdom, is targeting the facilitation network of Alisher Usmanov, who is subject to sanctions in multiple jurisdictions.
Today's action also includes designations to reinforce existing measures and further disrupt Russia's importation of critical technologies used in its war against Ukraine. OFAC is designating 25 individuals and 29 entities with touchpoints in 20 jurisdictions, according to a Treasury Department statement.
The US Department of State is concurrently establishing several entities operating in the defense sector of the Russian Federation economy and commodities supporting Russia's war against Ukraine, as well as different entities associated with Russia's State Atomic Energy Corporation (Rosatom).
Additionally, the US Department of Commerce will take concurrent action to add 28 entities to its Entity List.
However, the Department of State and the Department of Treasury imposed sanctions on more than 120 entities and individuals across more than 20 countries and jurisdictions concerning the Russian Federation's unlawful and unprovoked invasion of Ukraine, including facilitators of sanctions evasion. More than one year into Russia's unprovoked invasion of Ukraine, the effects of our globally coordinated sanctions have forced the Russian Federation to search for alternate routes to finance and fuel its war machine.
In coordination with the United Kingdom, we are targeting a sanctions evasion network supporting one of Russia's wealthiest billionaires, Alisher Usmanov, sanctioned by the United States last year.
Moreover, Today's action also includes the designation of several entities operating in the defense sector of Russia's economy and commodities supporting Russia's war against Ukraine, including a new Russian private military company and a People's Republic of China (PRC) based firm that has provided satellite imagery of locations in Ukraine to entities affiliated with the Wagner private military company that is fighting in Ukraine on Putin's behalf.
Finally, we are designating additional persons associated with the Russian State Atomic Energy Corporation, Rosatom. Russia uses energy exports, including in the nuclear sector, to exert global political and economic pressure on its customers.
The United States will continue to take action against Russia and those supporting its war in Ukraine, including further implementing the G7's commitment to imposing severe consequences on third-country actors who support Russia's war in Ukraine. (end)
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