The United States expands sanctions against Russia

  07 September 2016    Read: 1252
The United States expands sanctions against Russia
The United States has expanded sanctions against Russia over its support for anti-Kiev fighters in Ukraine and the 2014 reunification of the Crimean peninsula with the Russis.

In an updated sanctions blacklist issued on Thursday, the US Department of the Treasury targeted companies building a multi-billion dollar bridge to link Russia with Crimea, and also added dozens of people and companies to the list. Those blacklisted include dozens of Russian companies and up to 37 individuals.

The Treasury pointed out seven companies which it said are directly involved in the construction of the 19 km (11.8 miles) road-and-rail connection across the Kerch Strait, which connects the Black Sea and the Sea of Azov.

The Treasury also named several subsidiaries of Russian gas giant Gazprom and 11 Crimean officials.

"Russia continues to provoke instability in eastern Ukraine despite its Minsk commitments," said John Smith, acting director of the Treasury`s Office of Foreign Assets Control, which imposes sanctions.

"Treasury stands with our partners in condemning Russia`s violation of international law, and we will continue to sanction those who threaten Ukraine`s peace, security and sovereignty."

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