US President Joe Biden announced on Friday that Washington would impose more than 500 new sanctions against Russia as the United States seeks to increase pressure on Moscow to mark the second anniversary of its war in Ukraine.
Biden said in the statement that the United States will also impose new export restrictions on nearly 100 entities that provide support to Russia and take actions to further reduce Russia’s energy revenue.
Biden said the measures were aimed at holding Russia accountable for the war and the death of opposition leader Alexei Navalny, as Washington looks to continue supporting Ukraine despite severe ammunition shortages and U.S. military aid It has been delayed in Congress for months. .
“They will ensure that Putin pays a heavier price for his aggression abroad and repression at home,” Biden said of the sanctions.
He said Friday’s measures would target individuals linked to Navalny’s imprisonment, as well as Russia’s financial sector, defense industrial base, procurement networks and sanctions evaders on every continent.
The sanctions are the latest among thousands of targets announced by the United States and its allies following Russia’s February 24, 2022, invasion of Ukraine, which has killed tens of thousands of people and destroyed cities.
“Two years into this war, the Ukrainian people continue to fight with tremendous courage. But their ammunition is running out. Ukraine needs more supplies from the United States to defend itself against Russia’s relentless attacks, which are delivered through weapons and Munitions are coming from Iran and North Korea,” Biden said.
“That’s why the House must pass the bipartisan National Security Supplement Act before it’s too late.”
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