US Department of Commerce to expand trade sanctions against Russia

The US Department of Commerce plans to expand export restrictions against Russia due to the situation with blogger Alexei Navalny, the department said in a statement published on its website.

They will take effect on March 18.

In early March, the United States imposed new sanctions against Russia over the situation with Alexei Navalny. The charges against Moscow are related to two episodes — the possible poisoning of a blogger, after which he has been treated in Germany and replacing his suspended sentence for 3.5 years in a penal colony in the Yves Rocher case.

Washington has said it will stop providing Moscow with any assistance other than urgent humanitarian aid. Even then, the United States added Russia to the list of countries that denied the export of defense technologies. A partial exception was made for state cooperation in the space sector. Also, the United States banned government financial organizations from issuing loans to Moscow. This also applies to the American Export-Import Bank.

Seven “high-ranking representatives” of the Russian government were also sanctioned. Also, the US trade department blacklisted 14 organizations “for the production of biological and chemical weapons.” Among them are 13 commercial companies, including nine in Russia, three in Germany, and one in Switzerland. Three Russian research scientific organizations were also subject to restrictions.

The European Union also imposed sanctions due to the arrest of Alexei Navalny. The Russian Foreign Ministry promised to respond to the restrictive measures. According to the press secretary of the President of Russia, Dmitry Peskov, the policy of sanctions against Moscow does not achieve the goal.

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Author: Ivan Maltsev
The study of political and social problems of different countries of the world. Analysis of large companies on the world market. Observing world leaders in the political arena.
Function: Chief-Editor
Ivan Maltsev

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