US announces new Russia sanctions, longest blacklist on record

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from RT:

The list of individuals and entities includes executives, officials, and people allegedly involved in the jailing of Alexey Navalny

The US has sanctioned another 500 people and entities connected with Russia, including financial executives and prison officials. US President Joe Biden said that the restrictions will ensure that Russian President Vladimir Putin “pays an even steeper price for his aggression,” but the Kremlin dismissed them as “fruitless.”

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The sanctioned entities include the operator of Russia’s Mir payment card system, which soared in popularity after Russia was cut off from SWIFT and Visa/MasterCard in 2022. Russian energy firms and companies linked with the military-industrial sector made up the bulk of the 100 targeted entities, which were published in a US Treasury Department list on Friday.

Among the individuals sanctioned are Russian soldiers, figures involved in military procurement, and executives in the finance sector. More than two dozen of those named are based outside of Russia, including in China, the United Arab Emirates and Vietnam.

In a statement on Friday, US President Joe Biden said that the list would also include “individuals connected to [Alexey] Navalny’s imprisonment.”

A former far-right campaigner feted in the West for his opposition to Putin’s government, Navalny died in a Russian penal colony last week after suddenly falling ill. Navalny had been serving a 19-year sentence for “extremist activities,” and although an investigation into his death is ongoing, Biden and other Western leaders have held Putin responsible for his passing.

Friday’s sanctions package is the lengthiest tranche of penalties unveiled by Washington since the conflict in Ukraine began almost two years ago. In his statement, Biden said that it was drafted in response to Russia’s “ongoing war of conquest on Ukraine and for the death of Alexey Navalny.”

The sanctions “will ensure Putin pays an even steeper price for his aggression abroad and repression at home,” the American leader said.

Sanctioned individuals are barred from entering the US, while American citizens and companies are forbidden from trading with sanctioned individuals or entities. In a parallel move, the EU announced sanctions on 200 Russian individuals and companies, including some which appear on the American list.

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