Bank Of Baku

U.S. imposes fresh sanctions on Russia

U.S. imposes fresh sanctions on Russia
# 24 March 2022 18:08 (UTC +04:00)

The United States on Thursday imposed fresh sanctions on Russia, targeting dozens of Russian defense companies, hundreds of members of its parliament and the chief executive of the country's largest bank, APA reports citing Reuters.

The U.S. Treasury Department also issued guidance on its website warning that gold-related transactions involving Russia may be sanctionable by U.S. authorities in a move aimed at stopping Russia from evading sanctions.

“Our purpose here is to methodically remove the benefits and privileges Russia once enjoyed as a participant in the international economic order,” a senior administration official said.

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