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U.S. slaps new sanctions on Russia as Moscow recognizes Ukrainian regions as Russian territory

 WASHINGTON:The administration of U.S. President Joe Biden slapped new sanctions on Russia on Friday, following Moscow's formal recognition earlier in the day of four Ukrainian regions under Russian control since the early stage of the Russia-Ukraine conflict as Russian territory.

 Among the punitive measures announced by three cabinet-level departments were those from the Department of the Treasury that designated "14 persons in Russia's military-industrial complex, including two international suppliers, three key leaders of Russia's financial infrastructure, immediate family members of some of senior Russian officials, and 278 members of Russia's legislature" for enabling the referendums that resulted in Moscow claiming the four regions of Donetsk, Lugansk, Kherson and Zaporizhzhia as Russia's sovereign territory.

 

  "The Treasury Department and U.S. government are taking sweeping action today to further weaken Russia's already degraded military industrial complex and undermine its ability to wage its illegal war," said Treasury Secretary Janet Yellen.

 The Treasury Department also issued new guidance that "warns of the heightened sanctions risk that international actors outside of Russia would face for providing political or economic support to Russia as a result of its illegal attempts to change the status of Ukrainian territory," the department said while announcing the sanctions.

 Meanwhile, the Commerce Department added 57 companies located in Russia and the Crimean Peninsula - which Russia declared as its territory in 2014 following a referendum -- to the so-called Entity List, designating them as export control violators.

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