President Biden introduced new sweeping sanctions on Russia after it annexed 4 provinces in Ukraine.
AP Picture/Evan Vucci, File
The Biden administration hit the Kremlin with a brand new spherical of sanctions Friday, hours after Russian President Vladimir Putin introduced the annexation of 4 Ukrainian provinces in a rambling, ranting handle.
The sanctions sought to impose “swift and extreme prices” on Moscow for its “fraudulent and illegal annexation” of Ukrainian territory, the White Home stated.
“Make no mistake: These actions don't have any legitimacy,” President Biden stated of Russia’s land seize. “The USA will at all times honor Ukraine’s internationally acknowledged borders.”
“In response to Russia’s phony claims of annexation, the USA, along with our allies and companions, are asserting new sanctions at the moment,” Biden continued. “These sanctions will impose prices on people and entities — inside and outdoors of Russia — that present political or financial help to unlawful makes an attempt to alter the standing of Ukrainian territory.”
The sanctions goal Russian authorities and navy officers, in addition to navy officers in neighboring Belarus.
The punishment additionally impacts 14 worldwide companies recognized as being a part of the Russian navy’s provide chain.
Russian President Vladimir Putin attends a ceremony to signal treaties annexing 4 Ukraine provinces.
Russian Nationwide Guard servicemen stroll right down to central Moscow for a rally.
Russian President Vladimir Putin introduced the annexation of Lugansk, Donetsk, Kherson and Zaporizhzhia.
Russian President Vladimir Putin had been criticized for asserting further navy drafts for his invasion of Ukraine.
Russian President Vladimir Putin declared Lugansk, Donetsk, Kherson and Zaporizhzhia are formally a part of Russia.
Russians collect at Manezhnaya Sq. in central Moscow for a rally.
Russian President Vladimir Putin offers a speech.
Russians have fun the formal annexation of Ukrainian provinces Lugansk, Donetsk, Kherson and Zaporizhzhia.
Russians clap for Russian President Vladimir Putin.
Ladies cheer on throughout Russia's celebration.
In whole, greater than 1,000 entities are named within the sanctions. The Commerce Division added 57 firms to its record of export management violators, and the State Division stated it had imposed visa restrictions on greater than 900 individuals.
The measures took goal on the Russian financial system, sanctioning Elvira Sakhipzadovna Nabiullina, the pinnacle of Russia’s central financial institution — in addition to her deputy, longtime Putin advisor Olga Nikolaevna Skorobogatova.
The US Treasury and State Departments additionally introduced sanctions on relations of members of Russia’s safety council, together with the spouse and grownup youngsters of Protection Minister Sergei Shoigu
“We is not going to stand by as Putin fraudulently makes an attempt to annex elements of Ukraine,” Treasury Secretary Janet Yellen stated in an announcement.
“The Treasury Division and U.S. authorities are taking sweeping motion at the moment to additional weaken Russia’s already degraded navy industrial complicated and undermine its means to wage its unlawful struggle,” she added.
Biden additionally stated Friday that his administration would proceed to offer materials help to Ukraine, over and above the $1.1 billion introduced earlier this week.
“We are going to proceed to offer Ukraine with the gear it must defend itself, undeterred by Russia’s brazen effort to redraw the borders of its neighbor,” Biden stated. “And I look ahead to signing laws from Congress that may present a further $12 billion to help Ukraine.”
Post a Comment