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White House Issues Statement on Sanctions Against Russia on 24th

Translated by: MOS Translation Team – Sania On February 24, the U.S. White House website issued a statement saying that in response to Putin’s war of choice against Ukraine, the United States, along with Allies and partners, is imposing severe and immediate economic costs on……

Translated by: MOS Translation Team – Sania

On February 24, the U.S. White House website issued a statement saying that in response to Putin’s war of choice against Ukraine, the United States, along with Allies and partners, is imposing severe and immediate economic costs on Russia, including sweeping financial sanctions and stringent export controls. This would have a profound impact on Russia’s economy, financial system, and access to cutting-edge technology.

Photo credited to Nationalview

The main sanctions include severing the connection to the U.S. financial system for Russia’s multiple banks and financial institutions, full blocking sanctions on Russian elites and their family members, sanctioning 24 Belarusian individuals and entities and restricting the use of U.S.-origin software, technology, or equipment within Russia, as well as sensitive U.S. items produced in foreign countries for supporting a further invasion of Ukraine.

The statement believes that these measures would increase the cost to Russia of continuing the war.

Source:

https://www.whitehouse.gov/briefing-room/statements-releases/2022/02/24/fact-sheet-joined-by-allies-and-partners-the-united-states-imposes-devastating-costs-on-russia/

Proofread / Edited by: Lakers H.
Chief Editor: RD R.
Posted by: Emily G

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