After Russia's decision to officially recognize the so-called administrations of pro-Russian separatists in eastern Ukraine, the US Treasury Department decided to sanction 2 Russian banks and 42 subsidiaries and 5 people.
Economic sanctions will be imposed in response to Russia's actions in the Donetsk and Luhansk regions, the Treasury Ministry said in a statement.
In the statement, it was noted that 2 Russian banks Vnesheconombank (VEB) and Promsvyazbank (PSB) and 42 of its subsidiaries were placed on the sanctions list.
In the statement, it was stated that the sanctions against Russia's 2 major financial institutions were aimed at the country's ability to finance its "aggression" against its neighbors, and it was stated that these institutions have a total assets of more than 80 billion dollars and finance the Russian defense sector and economic development.
In the statement, it was stated that with the said sanction decision, the assets of these institutions in the USA will be frozen, they will be prohibited from making any transactions with US individuals and businesses, organizations will be removed from the global financial system and their access to US dollars will be blocked.
Barring Russia's access to finance
In the statement, it was stated that 5 people in the close circle of Russian President Vladimir Putin were placed on the sanction list, among these names Denis Aleksandrovich Bortnikov, Director of the Federal Security Service and permanent member of the Security Council, and his son Aleksandr Vasilievich Bortnikov, PSB Chief Executive Petr Mikhailovich Fradkov and Presidential Special It was recorded that Deputy Clerk Sergei Vladilenovich Kiriyenko and his son Sergei Vladilenovich Kiriyenko took part.
In the statement, it was emphasized that restrictions on transactions related to Russia's public debt were also increased, and it was stated that these restrictions would significantly prevent the Russian government from providing financing.
"Decisions taken in coordination with our partners and allies are starting the process of disrupting the Kremlin's financial network and its ability to finance destabilizing activities in Ukraine and the world," said US Treasury Secretary Janet Yellen. used the phrase.
Stating that they continue to monitor Russia's actions, Yellen noted that if Russia invades Ukraine further, the United States will quickly impose comprehensive economic sanctions that will have a serious and lasting impact on the Russian economy.
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