May 2nd 2024.
The United States government has recently announced that they will be imposing new sanctions on Russia in an effort to target their weapons production. According to a statement released by the US Treasury Department, nearly 200 companies and 80 individuals in third countries, including China, Belgium, and Slovakia, are being affected by these sanctions. These countries have allegedly been supporting Russia in procuring materials for their weapons program. The sanctions, which were announced on Wednesday, also have a focus on Russia's production of chemical and biological weapons.
Janet Yellen, the US Treasury Secretary, stated that these actions are intended to disrupt and hinder Russia's military efforts by targeting their military-industrial base and the networks that aid in supplying it. The US State Department has also accused Moscow of using irritant gases during their ongoing conflict with Ukraine, which is a violation of the Chemical Weapons Convention set by the United Nations.
In addition to targeting Russia's weapons production, the new sanctions also extend to individuals who are allegedly connected to the death of Alexei Navalny, a prominent critic of Russian President Vladimir Putin. Navalny passed away while in Russian custody in February, and his death has raised suspicions among his supporters that he was murdered. While his death certificate states that he died naturally, his supporters believe otherwise.
As a result of these sanctions, any assets belonging to those affected will be frozen in the US, and US citizens or individuals in the US are prohibited from doing business with these sanctioned companies and individuals. These sanctions will also make conducting international business much more difficult for those affected.
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