The U.S. on Wednesday announced that hundreds of companies and people connected to Russia’s weapons program, more than a dozen Chinese companies accused of helping Russia find a way around early punishment, and Kremlin opposition leader Alexei Navalny imposed new sanctions on individuals involved in the death of
The actions by the Treasury Department and the State Department target Russia’s military industrial base, its chemical weapons program, and individuals and companies in third countries that help Russia obtain weapons parts, as Russia’s invasion of Ukraine enters its third year.
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Treasury Secretary Janet Yellen said the action “will further disrupt and undermine Russia’s war effort by targeting the military industrial base and the evasion networks that support its supply.”
This June 6, 2019 file photo shows the U.S. Treasury building in Washington at dusk. The United States is targeting hundreds of companies and people connected to Russia’s weapons program, more than a dozen Chinese companies accused of helping Russia find ways around sanctions, and Russian dissident Alexei Navalny. It imposed new sanctions on individuals involved in the deaths. Sanctions imposed by the Treasury and State Department on Wednesday target Russia’s military industrial base, chemical weapons program, and third-country individuals and companies that help Russia obtain weapons parts, as Russia’s invasion of Ukraine enters its third year. It is said that (AP Photo/Patrick Semanski)
Meanwhile, the Senate gave final approval to a bill banning Russian uranium imports, strengthening U.S. efforts to stop Russia from going to war in Ukraine. Democratic President Joe Biden is expected to sign the bill into law.
About 12% of the uranium used to generate electricity at U.S. nuclear power plants is imported from Russia, according to the U.S. Energy Information Administration.
A National Security Council spokesperson said Wednesday that Biden shares lawmakers’ concerns about the United States’ dependence on Russia for low-enriched uranium to support the nation’s nuclear fleet.
The administration’s announcement also includes importers of cotton cellulose and nitrocellulose, which are used to make gunpowder, rocket propellant and other explosives. The punishment also targets Russian government agencies, people connected to Russia’s biological and chemical weapons program, companies connected to Russian natural gas construction projects, and three workers at the penal colony where Mr. Navalny died.
Russian President Vladimir Putin has slammed previous sanctions imposed by the United States and other Western countries, calling them “unjust sanctions” against his country.
The 16 target groups in China and Hong Kong, most related to Russian procurement circumvention, were named by the Biden administration.
Yellen visited Guangzhou and Beijing last month and warned Chinese authorities “not to provide material support to Russia’s war; if they do, they will face serious consequences.”
As Western countries impose sanctions, Beijing maintains strong economic ties with Russia, along with India and other countries, but says China does not provide arms or military aid to Russia. Ta.
Companies from China, Azerbaijan, Belgium, Slovakia, Turkey and the United Arab Emirates were accused of helping Russia acquire technology and equipment from abroad. The penalties are intended to prevent them from using the U.S. financial system and prohibit American citizens from doing business with them.
In signing a $95 billion war aid package that also includes aid to Israel, Taiwan and other global hotspots, Biden said last week that he would immediately rush desperately needed weapons to Ukraine.
The upcoming uranium ban is also expected to impact Russia’s revenue by at least $1 billion. After Russia invaded Ukraine in early 2022, the United States banned imports of Russian oil, but not uranium, despite frequent calls by U.S. lawmakers of both parties to do so.
Sen. John Barrasso of Wyoming, the top Republican on the Senate Energy and Natural Resources Committee, called the import ban a “tremendous victory” and said it would “defund the Russian war machine and reduce U.S. uranium production.” “This will help revive investment in the U.S. nuclear fuel supply and stimulate investment in the U.S. nuclear fuel supply.” chain. “
“Wyoming has uranium to replace Russian imports, and we are ready to use it,” Barrasso added.
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West Virginia Sen. Joe Manchin (D), chairman of the Senate committee, said the U.S. dependence on Russian uranium would enable President Putin to “finance his illegal war against Ukraine.” He said it would be “unconscionable” for the US to provide support.
In addition to the import ban, the legislation frees up $2.7 billion in funding previously authorized to increase domestic uranium production.
