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New Sanctions Announced Against Russia

Via the New York Times:

The United States on Monday imposed additional sanctions against Russian government officials and companies deemed close to President Vladimir V. Putin, accusing Moscow of failing to live up to its agreement to defuse the crisis in Ukraine.

The Obama administration ordered travel bans and asset freezes for seven Russian officials, including two said to be in Mr. Putin’s inner circle, and froze assets for 17 companies. Thirteen Russian companies will also face additional restrictions as the government will cut off the export or re-export of American-made products to them.

Additionally, the State and Commerce Departments announced a new policy to deny export license applications for high-technology items that could contribute to Russia’s military capabilities. The two departments will revoke existing export licenses along those lines, the White House said in a statement.

Among those targeted on Monday was Igor I. Sechin, president of the state-owned Rosneft oil company and a longtime Putin adviser. Although administration officials said over the weekend that they also expected Aleksei B. Miller, the head of the energy giant Gazprom, to possibly be targeted, Mr. Obama ultimately chose a list that did not include him.

Others who face sanctions include Dmitry N. Kozak, a deputy prime minister; Vyacheslav V. Volodin, a deputy chief of staff to Mr. Putin; and Aleksei Pushkov, the chairman of the international affairs committee of the State Duma, the lower house of Parliament. The companies targeted included several banks, including Sobinbank, and energy companies like the Stroytransgaz Group and various related entities. . .

- Greg Pollowitz

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