Biden announces over 500 new sanctions for Russia's war in Ukraine and Navalny death
The United States is imposing sanctions on more than 500 targets it says contribute to Russia's war machine.
The White House announced the move Friday, a day before the second anniversary of Russia's full-scale invasion of Ukraine. The sanctions focus on Russia's core financial infrastructure, as well as people and entities in other countries the U.S. says are helping supply Russia with critical technology and equipment, and to evade sanctions.
In a statement issued by the White House, President Biden said Ukraine is "running out of ammunition." He called on the House of Representatives to approve new military aid for Ukraine, which is being blocked by Republicans.
"History is watching," the president said. "The failure to support Ukraine at this critical moment will not be forgotten."
The measures are the largest sanctions imposed since Russia's full-scale invasion of Ukraine on Feb. 24, 2022, the Treasury Department said.
"There are some companies out there in these third countries that are wittingly providing resource and material support to Russia's military industrialized complex," Deputy Treasury Secretary Wally Adeyemo said briefing journalists Thursday evening. "We're going to hold them accountable."
Among the companies sanctioned is Russia's state-owned National Payment Card System Joint Stock Co., which operates a payment system widely used in Russia, the Treasury said. Scores of Russian companies producing tanks, lasers and other technology for the war effort are also targeted.
More than two dozen entities and individuals from third countries helping finance or supply technology and equipment to Russia made the sanctions list. They include a Russian-Iranian network called the Ministry of Defense and Armed