US expands bans against Russian firms
The United States has expanded the list of sanctioned Russian firms and individuals over their alleged links to the Ukrainian crisis.
The list that has been published on the Federal Register’s website identifies “entities and other persons reasonably believed to be involved in, or that pose a significant risk of being or becoming involved in, activities that are contrary to the national security or foreign policy of the United States,” RT.com reported.
The blacklist consists of 75 Russian companies and up to 37 individuals. Among the sanctioned companies are 11 Russian and international electronics firms including one of the largest Eastern European manufacturers of integrated circuits Angstrem Group, Foreign Economic Association, radio and microelectronics manufacturer Mikron.
Seven sanctioned companies are said to be directly involved in the construction of the 19 kilometer (11.8 miles) road and rail connection across the Kerch Strait, which connects the Black and the Azov Seas, the report added.
Last week, the US Treasury Department introduced sanctions related to the conflict in eastern Ukraine against 18 construction, transportation and defense entities operating in the Crimea, as well as dozens of Gazprom and Bank of Moscow subsidiaries. The list also included an additional 11 Crimean officials.
Gazprom said the new sanctions will not affect its business.
The European Union has also reportedly prolonged its sanctions against Russia over the conflict in eastern Ukraine and Crimea.
Reuters has quoted diplomats as saying that the European Union has prolonged its sanctions against Russia over the conflict in eastern Ukraine and Crimea.
The EU sanction list includes leading Russian officials, businessmen, and people reportedly involved in the war effort and celebrities who support government policy on Ukraine.
The measures are also aimed at Russian air defense systems producer Almaz-Antey, as well as several enterprises in Crimea that were taken over by the new authorities after the peninsula's reunification with Russia in March 2014.
The US and EU imposed sanctions on Russia in 2014 after accusing Moscow of involvement in the conflict in eastern Ukraine as well as Crimea’s joining the Russian Federation in 2014.
The Kremlin has denied the accusations and responded with counter-measures, banning imports from the EU, US and others.
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