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US and EU pile new sanctions on Russia for the Ukraine war's 2nd anniversary and Navalny's death

US and EU pile new sanctions on Russia for the Ukraine war's 2nd anniversary and Navalny's death
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US and EU pile new sanctions on Russia for the Ukraine war's 2nd anniversary and Navalny's death
The United States and the European Union are piling new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation for the death of noted Kremlin critic Alexei Navalny last week in an Arctic penal colony.Video above: Inside look at the devastation in Ukrainian city after two years of warThe U.S. Treasury, State Department and Commerce Department plan Friday to impose roughly 600 new sanctions on Russia and its war machine in the largest single tranche of penalties since Russia鈥檚 invasion of Ukraine on Feb. 24, 2022. They come on the heels of a series of new arrests and indictments announced by the Justice Department on Thursday that target Russian businessmen, including the head of Russia鈥檚 second-largest bank, and their middlemen in five separate federal cases.The European Union announced Friday that it is imposing sanctions on several foreign companies over allegations that they have exported dual-use goods to Russia that could be used in its war against Ukraine. The 27-nation bloc also said that it was targeting scores of Russian officials, including 鈥渕embers of the judiciary, local politicians and people responsible for the illegal deportation and military re-education of Ukrainian children.鈥濃淭he American people and people around the world understand that the stakes of this fight extend far beyond Ukraine,鈥� President Joe Biden said in a statement announcing the sanctions. 鈥淚f Putin does not pay the price for his death and destruction, he will keep going. And the costs to the United States 鈥� along with our NATO Allies and partners in Europe and around the world 鈥� will rise.鈥漌hile previous sanctions have increased costs for Russia鈥檚 ability to fight in Ukraine, they appear to have done little so far to deter Putin鈥檚 aggression or ambitions. The Biden administration is levying additional sanctions as House Republicans are blocking billions of dollars in additional aid to Ukraine.The war is becoming entangled in U.S. election-year politics, with former President Donald Trump voicing skepticism about the benefits of the NATO alliance and saying that he would 鈥渆ncourage鈥� Russia to 鈥渄o whatever the hell they want鈥� to countries that, in his view, are not pulling their weight in the alliance.Video below: Biden speaks about Russia's Putin, Navalny deathMany of the new U.S. sanctions announced Friday target Russian firms that contribute to the Kremlin鈥檚 war effort 鈥� including drone and industrial chemical manufacturers and machine tool importers 鈥� as well as financial institutions, such as the state-owned operator of Russia鈥檚 Mir National Payment System.In response to Navalny鈥檚 death, the State Department is designating three Russian officials the U.S. says are connected to his death. It also will impose visa restrictions on Russian authorities it says are involved in the kidnapping and confinement of Ukrainian children. In addition, 26 third-country people and firms from across China, Serbia, the United Arab Emirates, and Liechtenstein are listed for sanctions, for assisting Russia in evading existing financial penalties.The Russian foreign ministry said the EU sanctions are 鈥渋llegal鈥� and undermine 鈥渢he international legal prerogatives of the UN Security Council.鈥� In response, the ministry is banning some EU citizens from entering the country because they have provided military assistance to Ukraine. It did not immediately address the U.S. sanctions.The U.S. specifically was to target individuals associated with Navalny鈥檚 imprisonment a day after Biden met with the opposition leader鈥檚 widow and daughter in California. It was also hitting 鈥淩ussia鈥檚 financial sector, defense industrial base, procurement networks and sanctions evaders across multiple continents,鈥� Biden said. 鈥淭hey will ensure Putin pays an even steeper price for his aggression abroad and repression at home.鈥漈he EU asset freezes and travel bans constitute the 13th package of measures imposed by the bloc against people and organizations it suspects of undermining the sovereignty and territorial integrity of Ukraine.鈥淭oday, we are further tightening the restrictive measures against Russia鈥檚 military and defense sector,鈥� EU foreign policy chief Josep Borrell said. 鈥淲e remain united in our determination to dent Russia鈥檚 war machine and help Ukraine win its legitimate fight for self-defense.鈥滻n all, 106 more officials and 88 鈥渆ntities鈥� 鈥� often companies, banks, government agencies or other organizations 鈥� have been added to the bloc鈥檚 sanctions list, bringing the tally of those targeted to more than 2,000 people and entities, including Russian President Vladimir Putin and his associates.Companies making electronic components, which the EU believes could have military as well as civilian uses, were among 27 entities accused of 鈥渄irectly supporting Russia鈥檚 military and industrial complex in its war of aggression against Ukraine,鈥� a statement said.Those companies 鈥� some of them based in India, Sri Lanka, China, Serbia, Kazakhstan, Thailand and Turkey 鈥� face tougher export restrictions.The bloc said the companies 鈥渉ave been involved in the circumvention of trade restrictions,鈥� and it accuses others of 鈥渢he development, production and supply of electronic components鈥� destined to help Russia鈥檚 armed forces.Some of the measures are aimed at depriving Russia of parts for pilotless drones, which are seen by military experts as key to the war.Since the start of the war, U.S. Treasury and State departments have designated over 4,000 officials, oligarchs, firms, banks and others under Russia-related sanctions authorities. A $60 per barrel price cap has also been imposed on Russian oil by Group of Seven allies, intended to reduce Russia鈥檚 revenues from fossil fuels.Critics of the sanctions, price cap and other measures meant to stop Russia鈥檚 invasion say they are not working fast enough.Maria Snegovaya, a senior fellow at the Center for Strategic and International Studies, said that primarily sanctioning Russia鈥檚 defense industry and failing to cut meaningfully into Russia鈥檚 energy revenues will not be enough to halt the war.鈥淥ne way or another, they will have to eventually address Russia鈥檚 oil revenues and have to consider an oil embargo,鈥� Snegovaya said. 鈥淭he oil price cap has effectively stopped working.鈥漈reasury Deputy Secretary Wally Adeyemo, in previewing the new sanctions, told reporters that the U.S. and its allies will not lower the price cap; 鈥渞ather what we鈥檒l be doing is taking actions that will increase the cost鈥� of Russia鈥檚 production of oil.He added that 鈥渟anctions alone are not enough to carry Ukraine to victory.鈥濃淲e owe the Ukrainian people who have held on for so long the support and resources they desperately need to defend their homeland and prove Putin wrong once and for all time.鈥漘_Associated Press writers Josh Boak and Zeke Miller in Washington and Emma Burrows in London contributed to this report.

The United States and the European Union are piling new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation for the death of noted Kremlin critic Alexei Navalny last week in an Arctic penal colony.

Video above: Inside look at the devastation in Ukrainian city after two years of war

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The U.S. Treasury, State Department and Commerce Department plan Friday to impose roughly 600 new sanctions on Russia and its war machine in the largest single tranche of penalties since Russia鈥檚 invasion of Ukraine on Feb. 24, 2022. They come on the heels of a series of new arrests and indictments announced by the Justice Department on Thursday that target Russian businessmen, including the head of Russia鈥檚 second-largest bank, and their middlemen in five separate federal cases.

The European Union announced Friday that it is imposing sanctions on several foreign companies over allegations that they have exported dual-use goods to Russia that could be used in its war against Ukraine. The 27-nation bloc also said that it was targeting scores of Russian officials, including 鈥渕embers of the judiciary, local politicians and people responsible for the illegal deportation and military re-education of Ukrainian children.鈥�

鈥淭he American people and people around the world understand that the stakes of this fight extend far beyond Ukraine,鈥� President Joe Biden said in a statement announcing the sanctions. 鈥淚f Putin does not pay the price for his death and destruction, he will keep going. And the costs to the United States 鈥� along with our NATO Allies and partners in Europe and around the world 鈥� will rise.鈥�

While previous sanctions have increased costs for Russia鈥檚 ability to fight in Ukraine, they appear to have done little so far to deter Putin鈥檚 aggression or ambitions. The Biden administration is levying additional sanctions as House Republicans are blocking billions of dollars in additional aid to Ukraine.

The war is becoming entangled in U.S. election-year politics, with former President Donald Trump voicing skepticism about the benefits of the NATO alliance and saying that he would 鈥渆ncourage鈥� Russia to 鈥渄o whatever the hell they want鈥� to countries that, in his view, are not pulling their weight in the alliance.

Video below: Biden speaks about Russia's Putin, Navalny death

Many of the new U.S. sanctions announced Friday target Russian firms that contribute to the Kremlin鈥檚 war effort 鈥� including drone and industrial chemical manufacturers and machine tool importers 鈥� as well as financial institutions, such as the state-owned operator of Russia鈥檚 Mir National Payment System.

In response to Navalny鈥檚 death, the State Department is designating three Russian officials the U.S. says are connected to his death. It also will impose visa restrictions on Russian authorities it says are involved in the kidnapping and confinement of Ukrainian children.

In addition, 26 third-country people and firms from across China, Serbia, the United Arab Emirates, and Liechtenstein are listed for sanctions, for assisting Russia in evading existing financial penalties.

The Russian foreign ministry said the EU sanctions are 鈥渋llegal鈥� and undermine 鈥渢he international legal prerogatives of the UN Security Council.鈥� In response, the ministry is banning some EU citizens from entering the country because they have provided military assistance to Ukraine. It did not immediately address the U.S. sanctions.

The U.S. specifically was to target individuals associated with Navalny鈥檚 imprisonment a day after Biden met with the opposition leader鈥檚 widow and daughter in California. It was also hitting 鈥淩ussia鈥檚 financial sector, defense industrial base, procurement networks and sanctions evaders across multiple continents,鈥� Biden said. 鈥淭hey will ensure Putin pays an even steeper price for his aggression abroad and repression at home.鈥�

The EU asset freezes and travel bans constitute the 13th package of measures imposed by the bloc against people and organizations it suspects of undermining the sovereignty and territorial integrity of Ukraine.

鈥淭oday, we are further tightening the restrictive measures against Russia鈥檚 military and defense sector,鈥� EU foreign policy chief Josep Borrell said. 鈥淲e remain united in our determination to dent Russia鈥檚 war machine and help Ukraine win its legitimate fight for self-defense.鈥�

In all, 106 more officials and 88 鈥渆ntities鈥� 鈥� often companies, banks, government agencies or other organizations 鈥� have been added to the bloc鈥檚 sanctions list, bringing the tally of those targeted to more than 2,000 people and entities, including Russian President Vladimir Putin and his associates.

Companies making electronic components, which the EU believes could have military as well as civilian uses, were among 27 entities accused of 鈥渄irectly supporting Russia鈥檚 military and industrial complex in its war of aggression against Ukraine,鈥� a statement said.

Those companies 鈥� some of them based in India, Sri Lanka, China, Serbia, Kazakhstan, Thailand and Turkey 鈥� face tougher export restrictions.

The bloc said the companies 鈥渉ave been involved in the circumvention of trade restrictions,鈥� and it accuses others of 鈥渢he development, production and supply of electronic components鈥� destined to help Russia鈥檚 armed forces.

Some of the measures are aimed at depriving Russia of parts for pilotless drones, which are seen by military experts as key to the war.

Since the start of the war, U.S. Treasury and State departments have designated over 4,000 officials, oligarchs, firms, banks and others under Russia-related sanctions authorities. A $60 per barrel price cap has also been imposed on Russian oil by Group of Seven allies, intended to reduce Russia鈥檚 revenues from fossil fuels.

Critics of the sanctions, price cap and other measures meant to stop Russia鈥檚 invasion say they are not working fast enough.

Maria Snegovaya, a senior fellow at the Center for Strategic and International Studies, said that primarily sanctioning Russia鈥檚 defense industry and failing to cut meaningfully into Russia鈥檚 energy revenues will not be enough to halt the war.

鈥淥ne way or another, they will have to eventually address Russia鈥檚 oil revenues and have to consider an oil embargo,鈥� Snegovaya said. 鈥淭he oil price cap has effectively stopped working.鈥�

Treasury Deputy Secretary Wally Adeyemo, in previewing the new sanctions, told reporters that the U.S. and its allies will not lower the price cap; 鈥渞ather what we鈥檒l be doing is taking actions that will increase the cost鈥� of Russia鈥檚 production of oil.

He added that 鈥渟anctions alone are not enough to carry Ukraine to victory.鈥�

鈥淲e owe the Ukrainian people who have held on for so long the support and resources they desperately need to defend their homeland and prove Putin wrong once and for all time.鈥�

__

Associated Press writers Josh Boak and Zeke Miller in Washington and Emma Burrows in London contributed to this report.