AGL 40.01 Decreased By ▼ -0.02 (-0.05%)
AIRLINK 128.00 Increased By ▲ 0.30 (0.23%)
BOP 6.68 Increased By ▲ 0.07 (1.06%)
CNERGY 4.48 Decreased By ▼ -0.12 (-2.61%)
DCL 8.95 Increased By ▲ 0.16 (1.82%)
DFML 41.56 Decreased By ▼ -0.02 (-0.05%)
DGKC 87.80 Increased By ▲ 2.01 (2.34%)
FCCL 32.80 Increased By ▲ 0.31 (0.95%)
FFBL 64.45 Increased By ▲ 0.42 (0.66%)
FFL 11.39 Increased By ▲ 0.84 (7.96%)
HUBC 111.38 Increased By ▲ 0.61 (0.55%)
HUMNL 14.76 Decreased By ▼ -0.31 (-2.06%)
KEL 5.03 Increased By ▲ 0.15 (3.07%)
KOSM 7.32 Decreased By ▼ -0.13 (-1.74%)
MLCF 41.05 Increased By ▲ 0.53 (1.31%)
NBP 61.44 Increased By ▲ 0.39 (0.64%)
OGDC 194.90 Increased By ▲ 0.03 (0.02%)
PAEL 27.50 Decreased By ▼ -0.01 (-0.04%)
PIBTL 7.77 Decreased By ▼ -0.04 (-0.51%)
PPL 153.00 Increased By ▲ 0.47 (0.31%)
PRL 26.61 Increased By ▲ 0.03 (0.11%)
PTC 16.15 Decreased By ▼ -0.11 (-0.68%)
SEARL 84.23 Increased By ▲ 0.09 (0.11%)
TELE 7.95 Decreased By ▼ -0.01 (-0.13%)
TOMCL 36.76 Increased By ▲ 0.16 (0.44%)
TPLP 8.82 Increased By ▲ 0.16 (1.85%)
TREET 17.09 Decreased By ▼ -0.57 (-3.23%)
TRG 57.40 Decreased By ▼ -1.22 (-2.08%)
UNITY 26.70 Decreased By ▼ -0.16 (-0.6%)
WTL 1.33 Decreased By ▼ -0.05 (-3.62%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,722 Increased By 530 (0.56%)
KSE30 29,428 Increased By 227.2 (0.78%)

WASHINGTON: The United States on Thursday imposed fresh sanctions on Russia, targeting the technology sector, a sanctions evasion network and what it called “malicious cyber actors” while paving the way to act against additional sectors in response to President Vladimir Putin’s assault on Ukraine.

“We will continue to target Putin’s war machine with sanctions from every angle, until this senseless war of choice is over,” Treasury Secretary Janet Yellen said in a statement.

The Treasury Department imposed sanctions on 21 entities and 13 people, including Joint Stock Company Mikron, Russia’s largest chipmaker and manufacturer and exporter of microelectronics.

Banks tell Britain that curb on all Russian savers won’t work

Washington also determined that three new sectors in the Russian economy are subject to sanctions under an existing executive order, allowing the United States to slap punitive measures on any person or entity operating in the aerospace, marine and electronics sectors.

Thursday’s actions freeze any US assets of those targeted and generally bar Americans from dealing with them.

Those targeted include Moscow-based Serniya Engineering and equipment maker Sertal, both of which the Treasury Department accused of working to illicitly procure equipment and technology for Russia’s defense sector that can double for civilian use.

IMF warns Russia sanctions threaten to chip away at dollar dominance

The Treasury imposed sanctions on the two companies alongside other firms and people, accusing them of being part of a sanctions evasion network.

The Russian embassy in Washington and Mikron did not immediately respond to requests for comment on the measures.

Serniya and Sertal could not immediately be reached for comment.

Washington has imposed sanctions several times over the five weeks since Russia launched the biggest assault on a European state since World War Two. Moscow calls it a “special operation.”

ECB concerned over indirect impact of Russia sanctions: Enria

Western nations will try to find new grounds for sanctions on Russia, Putin said on Thursday, adding that his country must aim to retain jobs and to create new ones.

Comments

Comments are closed.