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U.S. imposes sanctions on 27 Gazprombank executives, Russian TV stations

By Jeff Mason and Steve Holland

WILMINGTON, Del. (Reuters) – The US on Sunday unveiled sanctions in opposition to three Russian tv stations, banned People from offering accounting and consulting providers to Russians, and sanctioned executives from Gazprombank to punish Moscow for its invasion of Ukraine.

The brand new sanctions are the most recent effort by america to extend stress on Russian President Vladimir Putin after his nation’s assault on Ukraine and got here as President Joe Biden met just about with G7 leaders and Ukrainian President Volodymyr Zelenskiy to debate the warfare.

The measures leveled in opposition to Gazprombank executives had been the primary involving the large Russian fuel exporter as america and its allies have prevented taking steps which may result in disruptions of fuel to Europe, Russia’s major buyer.

“This isn’t a full block. We’re not freezing the belongings of Gazprombank or prohibiting any transactions with Gazprombank,” a senior Biden administration official instructed reporters. “What we’re signaling is that Gazprombank will not be a protected haven, and so we’re sanctioning a few of their prime enterprise executives … to create a chilling impact.”

Eight executives from Sberbank, which holds one-third of Russia’s banking belongings, had been added to the sanctions record. Moscow Industrial Financial institution and its 10 subsidiaries had been additionally added.

The brand new export management restrictions had been geared toward straight degrading Putin’s warfare effort, together with controls on industrial engines, bulldozers, wooden merchandise, motors, and followers. The European Union is transferring in tandem with further controls on chemical substances that feed straight into the Russian army effort, the official stated.

Russia calls its actions in Ukraine a “particular operation” that it says will not be designed to occupy territory however to destroy its southern neighbor’s army capabilities and seize what it regards as harmful nationalists. Ukraine and its allies say Russia launched an unprovoked warfare.

Restricted Legal responsibility Firm Promtekhnologiya, a weapons maker, was sanctioned, together with seven delivery firms and a marine towing firm. The White Home additionally stated the Nuclear Regulatory Fee would droop licenses for exports of particular nuclear materials to Russia.

The sanctioned tv stations are straight or not directly state-controlled, the White Home stated, and included Joint Inventory Firm Channel One Russia, Tv Station Russia-1, and Joint Inventory Firm NTV Broadcasting Firm.

People can be prohibited from offering accounting, belief and company formation, and administration consulting providers to Russians, although offering authorized providers remains to be permissible.

(Reporting by Jeff Mason and Steve Holland; Enhancing by Lisa Shumaker)



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