US levies fresh sanctions against Russia as EU demurs

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The United States announced sanctions against hundreds of Russian individuals and firms. The EU however could not agree on measures.

The US announced Friday it was sanctioning hundreds of Russian firms, banks, manufacturers and individuals, specifically targeting entities that helped Russia evade sanctions on the one-year anniversary of Russia’s full-scale invasion of Ukraine.

The metals and mining sector in Russia along with arms dealers, technology enterprises and weapons manufacturers are specifically targeted with those helping being located in countries ranging from the United Arab Emirates to Switzerland.

Who was sanctioned in the latest wave?

A dozen financial institutions, including Russia’s largest non-state public bank, importers of microelectronics and producers of carbon fiber, a key component in defense systems, were all hit with sanctions.Thirty individuals are facing penalties for alleged ties to Russia’s sanctions evasion efforts. Among them are Swiss-Italian businessman Walter Moretti and his businesses, Nurmurad Kurbanov, a Russian-Turkmen arms dealer who is alleged to have represented Russian and Belarusian defense firms abroad, and Russian businessman Aleksandr Yevgenyevich Udodov who is the former brother-in-law of Russian Prime Minister Mikhail Mishustin.

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