Factbox: New sanctions imposed on Russia so far as G7 leaders meet

Polymetal International PK

19/05/2023 18:53

By Daphne Psaledakis
       WASHINGTON, May 19 (Reuters) - The United States, Canada
and the United Kingdom issued fresh sanctions on Russia on
Friday over its invasion of Ukraine.
    Here are the main sanctions, announced during a G7 summit in
Japan.
        
    U.S. TREASURY DEPARTMENT SANCTIONS
    The Treasury Department imposed sanctions on 22 people and
104 entities with touchpoints in over 20 countries or
jurisdictions. 
    It took action to prevent Russia's evasion of sanctions to
attempt to acquire goods needed by its military-industrial
complex, including targeting a Liechtenstein-based Russian
intelligence services procurement network and Netherlands-based
procurement agent, and a procurement network tied to
U.S.-sanctioned Radioavtomatika LLC.
    The Treasury Department also took action aimed at preventing
Russia from finding new ways to acquire advanced materials,
technology and military and industrial equipment, including by
imposing sanctions on companies in Finland, Estonia and Poland.
    In an effort to limit Russia's future extractive
capabilities and energy revenue, the department targeted Russian
energy educational institutions and energy-related research
institutes as well as drilling and mining equipment companies.
    Other actions included additional measures in relation to
Russia's financial services sector and sanctions on the Foreign
Intelligence Service of the Russian Federation.
    U.S. sanctions authorities were also expanded to more
sectors of the Russian economy, including architecture,
manufacturing and construction, the Treasury said.
    Additionally, the Treasury implemented a requirement for
Americans to report any property in their possession or control
in which Russia's Central Bank, National Wealth Fund or Ministry
of Finance has an interest.
    
    U.S. STATE DEPARTMENT SANCTIONS
    The State Department also targeted almost 200 individuals,
entities, vessels and aircraft and imposed sanctions on Polyus
 PLZL.MM  and the Russian business of its peer, Polymetal
 POLYP.L  - the largest gold producers in Russia. 
    Secretary of State Antony Blinken said Friday's action also
targeted an international network that procures components for
the Russia-based entity responsible for the manufacture of the
Orlan drone, which Russian forces and their proxies are using in
Ukraine.
    The State Department also designated two Iranian shipping
companies, a port operator and a maritime service provider it
said were part of deepening ties between Russia and Iran.
    Washington took aim at 18 entities involved in expanding
Russia's future energy production and export capacity.
    Subsidiaries of Russia's state-owned nuclear energy company
Rosatom were targeted, though Washington has not imposed
sanctions on Rosatom itself.
    The State Department also imposed sanctions on an
international network tied to military-related procurement and
sanctions evasion, targeted multiple entities and people in the
metals and mining sector and imposed sanctions on defense
industry entities, among others.
    Sanctions were also imposed tied to the Wagner mercenary
force, advanced technology, the deportations and transfers of
Ukrainian children, Russian government officials and elites as
well as grain theft.
    
    U.S. COMMERCE DEPARTMENT ACTION
    The Biden administration halted the export of wide range of
consumer goods to Russia on Friday and added 71 companies to a
Commerce Department's list that bars suppliers from selling them
U.S. technology without a hard-to-obtain license.
    The new curbs on Russia targeted items that can be used to
help Russia's military, including items used in daily life like
clothes dryers, snow plows and milking machines which the U.S.
thinks could be repurposed to support Moscow's war machine.
    The targeted companies include 69 Russian entities, one from
Armenia and one from Kyrgyzstan.
    The companies include aircraft repair and parts production
plants, gunpowder, tractor and automobile factories, shipyards
and engineering centers in Russia.
    
    UNITED KINGDOM SANCTIONS
    Britain published plans to ban imports of Russian diamonds,
copper, aluminium and nickel on Friday and announced a new wave
of sanctions against Russia, targeting companies connected to
the alleged theft of Ukrainian grain.
    Britain is sanctioning 86 individuals and entities as part
of a new crackdown on what it called "shady individuals and
entities" connected to the theft and resale of Ukrainian grain,
something Russia has been accused of and has denied.
    The sanctions also target companies connected to Russia's
state-owned nuclear energy company Rosatom, and the owner of
Russian Copper Company, Igor Altushkin.
    
    CANADA ACTION
    Canada announced sanctions on 17 individuals and 18 entities
linked to Russian companies that provide military technology and
know-how to Russia's armed forces, family members of listed
persons, and members of the Kremlin elite; and sanctions on 30
individuals and 8 entities involved in Russia's ongoing human
rights violations, including the transfer and custody of
Ukrainian children in Russia.

 (Reporting by Daphne Psaledakis and Simon Lewis in Washington
and Ismail Shakil in Ottawa; Editing by Don Durfee and Alistair
Bell)
 ((Daphne.Psaledakis@thomsonreuters.com;))