The US imposed extensive sanctions on 400 individuals and entities, including 60 Russian tech and defense firms, targeting Russia's war against Ukraine.

The US has imposed extensive sanctions on nearly 400 individuals and entities, including 60 Russian-based technology and defense companies, for supporting Russia's ongoing war against Ukraine. The sanctions, announced by the US Treasury, State, and Commerce departments, target Russia's international supply chains, financial technology, ammunition procurement, military-industrial base suppliers, jet fighter supply networks, and more. This marks a significant escalation in the US's efforts to curb Russia's military capabilities and hold its supporters accountable. The sanctions are designed to disrupt Russia's military supply chains, drive up costs for its war machine, and make it clear that companies, financial institutions, and governments worldwide must not support Russia's military-industrial supply chains.

August 23, 2024
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