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US widens sanctions on Russia to discourage countries such as China from doing business with Moscow

  • The United States expanded sanctions against Russia while G7 leaders prepared for a summit in Italy focused on backing Ukraine and weakening Russia's military.
  • The latest sanctions targeted Chinese companies aiding Russia in Ukraine and raised consequences for foreign financial institutions connected to sanctioned Russian entities.
  • Over 300 new sanctions aimed to deter individuals and companies from China, the United Arab Emirates, and Turkey from assisting Russia in bypassing Western technology bans.
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Center

One day before the G7 summit, the USA adopted a new package of sanctions against Russia and supporters. 300 people and institutions were affected.

Lean Right

The United States is imposing new sanctions on over 300 individuals or organizations in Russia, China and other countries, who are accused of supporting Russian President Vladimir Putin's full-scale invasion of Ukraine.

·Stockholm, Sweden
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Lean Left

The USA is punishing other actors in the Russian war of aggression — including Chinese companies. Meanwhile, at the summit in Italy, the G7 want to find a solution as to how frozen Russian money could benefit Ukraine.

·Germany
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Center

Kurz vor Beginn des G7-Gipfelstreffens in Italien haben die USA ein neues Sanktionspaket als Reaktion auf den russischen Angriffskrieg gegen die Ukraine vorgelegt.

·Germany
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Devdiscourse broke the news in India on Tuesday, June 11, 2024.
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