New US sanctions target 150 persons, entities who help Russia evade restrictions

This was reported by the US Treasury Department.

The sanctions include companies and people who help the Russian military-industrial complex, are involved in the production of missiles, attack UAVs, and supply electronics and components without which the arms production process would be impossible.

The list includes, in particular, the founder of the Russian Copper Company Igor Altushkin, the chairman of the board of directors of Transmashholding JSC Andrey Bokarev, the founder of the Ural Mining and Metallurgical Company Iskander Makhmudov and his son Jahangir Makhmudov.

Other companies under sanctions include Avtovaz, Moskvich, Rosavtodor, Saturn, Sinko Bank, 61st, 71st and 72nd car repair plants, as well as the Ulyanovsk Cartridge Plant, Rostov Institute of Radio Communications and other companies.

In addition to Russian companies, businesses from Belgium, the UAE, Slovenia, Turkey, the Central African Republic, and others were sanctioned.

For example, restrictions have been imposed on Finnish companies Siberica and Luminor and their Estonian and French employees who were involved in the supply of electronic components to Russian firms, such as cameras for drones, lithium batteries, and optical filters.

International sanctions against Russia

On May 8, the Financial Times reported that the European Union may impose sanctions on several Chinese companies for supplying electronics to Russia.

In June, Politico reported that Germany, France, and several other EU member states fear that measures aimed at preventing Russians from circumventing sanctions could have a negative impact on diplomatic relations.

On June 15, Bloomberg wrote that the EU may remove 5 Chinese companies with ties to Russia from the new sanctions list.

On June 21, EU ambassadors agreed on a new package of sanctions against Russia, which includes the elimination of loopholes that help the Russians circumvent previously imposed restrictions.

On June 28, Switzerland added new individuals and organizations to the list of restrictions on Russia, thus supporting the 11th EU sanctions package.

On July 20, Australia imposed new restrictions on 35 organisations from the Russian defence, technology and energy sectors, as well as 10 ministers, senior Russian officials and military officers from Belarus.

The EU Council also extended sanctions against certain sectors of the Russian economy for another six months.

In addition, the UK imposed sanctions on 13 people associated with the activities of the Russian private military company Wagner Group in Mali, Sudan and the Central African Republic. However, it lifted them against Russian oligarch Oleg Tinkov, the former owner of Tinkoff Bank. Earlier, British businessman Richard Branson had asked for the lifting of sanctions against the Russian.

At the same time, Canada has introduced a new package of sanctions against Russia, targeting, among other things, the Wagner PMC, the nuclear sector, and propagandists from the Ministry of Culture.

On September 13, the Council of the European Union decided to extend sanctions against Russian individuals and legal entities responsible for violating the territorial integrity of Ukraine for six months.