Russo-Ukrainian War | These are the sanctions imposed by the US and EU against Russia

US, European Union and great Britain has reacted quickly and unanimously against Russia soon after Putin on Monday recognized the pro-Russian Ukrainian republics of Donetsk and Luganks and sent troops to them. That penalty -punishments imposed by some countries on other countries for violating international law- through measures to damage the economy of the sanctioned country and individual finances related to power. All Western actors in the conflict have insisted that initial sanctions are likely to be extended and tightened.

European Union Sanctions

That The EU has imposed sanctions a 27 Russian individuals and organizationsincluding bank. As well have limited access to European capital markets, preventing access to EU bank funds, and banning trade between the EU and the two rebel-held territories. A number of 351 members of the Duma . Russialower house of Parliament, are also subject to sanctions involving travel ban to Europe and asset freeze in the same section.

Germanfor this part, has blocked the Nord Stream 2 gas pipeline -which unites Germany and Russia-, whose certification is pending.

US sanctions

That US sanctions announced Tuesday was intended to jeopardize Russia’s ability to finance its military efforts. They head to two state banks which, according to the United States, is key to Russia’s defense sector. They will no longer be able to do business in the United States or access the American financial system. The Biden administration also sanctioned five key Russian elites and added restrictions to US deals related to Russia’s national debt.

That Americans are prohibited from doing business in the rebel areas of Luhansk and Donetsk, after the Russians recognized them. Several US companies operate in the affected areas.

Related news

UK sanctions

That British Prime Minister Boris Johnsonhas announced sanctions against five Russian banks and three rich russian businessmen.

Roderick Gilbert

"Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert."

Leave a Reply

Your email address will not be published. Required fields are marked *