“Preventing Russia from accessing valuable US professional services increases the pressure on the Kremlin and cuts off its ability to circumvent sanctions imposed by the United States and our allies,” US Secretary of the Treasury Janet Yellen said in a statement. “We aim to generate revenue from Putin’s occupation, as well as the organizations that support his destructive actions and their leaders.”
“This is already a defeat for Putin, and we will continue to respect the courageous fighting being waged by the Ukrainian people, and we will definitely listen to President Zhelensky and reconsider continuing,” the senior executive told reporters before the president. Sunday meeting with G-7 leaders and Zhelensky.
The official added that the call also demonstrated how Russian President Vladimir Putin “insults” the sacrifices made by Soviet Russian citizens who sacrificed their lives to defeat fascism during World War II.
“Putin is insulting those sacrifices and spreading false information about the atrocities he is committing in Ukraine … This is an opportunity to speak the truth and to show our continued solidarity,” the official called.
“Taken together, today’s actions are a continuation of the systematic and systematic removal of Russia from the global financial and economic system. And if Putin’s invasion continues, there will be no safe haven for the Russian economy,” the official told reporters.
Three television networks are licensed by the United States: Channel One Russia, Television Station Russia-1 and NTV Broadcasting Company. Together, the official said, it received more than $ 300 million in advertising revenue from Western countries last year.
“We are not going to get involved in helping them broadcast the lies and deception you hear from Putin every day,” the official said.
The U.S. State Department said in a statement that the new visa restrictions apply to “2,596 members of the Russian Federation’s military and 13 Belarusian military officers.” The department said individuals were targeted in Ukraine for alleged human rights abuses, including the “Donetsk People’s Republic” or the “Luhansk People’s Republic”, in violation of international humanitarian law or public corruption. ‘”
It is noteworthy that the US legal services were not included in Sunday’s ban. The U.S., according to the official, has decided to allow the “proper process” to continue, but said the government would continue to re-evaluate it “every day” and wait to see what happens following the initial service ban. . The official noted that the United Kingdom had not imposed such a ban.
The sanctions against Gazprombank executives are just that: the official noted that the actions against the heads of the major financial institutions and not the full sanction against the bank should force Europeans to trade to continue buying Russian gas.
“This is not a complete block. We are not freezing Gazprombank’s assets or blocking any transactions with Gazprombank. What we are signaling is that Gazprombank is not a safe haven. The officer said.
The decision to restrict exports of industrial products to Russia is aimed at curtailing the Kremlin’s industrial capability and war-making capability, much like how Western controls on microchips control Russia’s ability to develop precision guided missiles, the official said.
In addition to the export embargo on Russian industrial services, the United States authorized Promtekhnologiya LLC to manufacture weapons, including guns used by Russian forces in Ukraine. The Atomic Energy Regulatory Authority will no longer allow the export of uranium, plutonium or other nuclear-related materials.
G7 leaders said in a statement on Sunday that they had pledged to “accelerate” short-term financial aid to Ukraine in the coming weeks, and would continue to develop options for the country’s long-term reconstruction.
“In the coming weeks, we will accelerate our joint short-term financial assistance to help Ukraine close financial gaps, provide basic services to its people, and work with Ukrainian authorities and international financial institutions to create options. Long-term recovery and reconstruction,” the statement said.
Meanwhile, Ukrainian Foreign Minister Dmitry Kuleba on Sunday spoke with US Secretary of State Anthony Blingen about additional sanctions on Russia and the impact of the war in Ukraine on global food security.
This story has been updated with additional information.
Correction: An earlier version of this story misrepresented the amount of advertising revenue received by three Russian television networks from Western countries last year, citing a senior Biden executive. Was $ 300 million.
CNN’s Devan Cole and Anastasia Graham Yule contributed to the report.
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