US Increases Russia’s Sanctions Over Ukraine

A new round of U.S. moves against Russia includes sanctions on two members of President Vladimir Putin’s “inner circle” and steps to keep Moscow from getting technology helpful to its military, the White House announced Monday.
The sanctions, which President Barack Obama described as “targeted,” are in response to Russia’s actions in Ukraine.
“The United States has taken further action today in response to Russia’s continued illegal intervention in Ukraine and provocative acts that undermine Ukraine’s democracy and threaten its peace, security, stability, sovereignty, and territorial integrity,” the White House said in a statement. Since a meeting in Geneva, Switzerland, on April 17, Russia “has done nothing” to meet its commitments “and in fact has further escalated the crisis,” the statement said.
“The Department of the Treasury is imposing sanctions on seven Russian government officials, including two members of President Putin’s inner circle, who will be subject to an asset freeze and a U.S. visa ban, and 17 companies linked to Putin’s inner circle, which will be subject to an asset freeze.
“In addition, the Department of Commerce has imposed additional restrictions on 13 of those companies by imposing a license requirement with a presumption of denial for the export, re-export or other foreign transfer of U.S.-origin items to the companies.”
Also, the departments of Commerce and State are tightening their “policy to deny export license applications for any high-technology items that could contribute to Russia’s military capabilities. Those Departments also will revoke any existing export licenses that meet these conditions,” the White House said.

via CNN

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