list-of-sanctions-imposed-by-the-west
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The US, UK and EU have adopted sanctions aimed at freezing the assets of President Vladimir Putin and his foreign minister, Sergei Lavrov, in response to the war in Ukraine. They also plan to place sanctions on the Russian central bank and remove some of the country’s lenders from the Swift global payments system, in addition to other economic sanctions. Other allies, including Japan, Canada, Australia and South Korea, have also adopted sanctions.
Here is a list of the main sanctions imposed so far by the US, UK and the EU.
Politicians, officials and oligarchs
Banks and financial services
In addition to targeting Russia’s largest financial institutions, the US has heavily restricted companies critical to the country’s economy from raising money through the US market. These include:
The world’s largest natural gas company, Gazprom, one of Russia’s largest oil producers and refiners, Gazprom Neft, oil pipeline company Transneft and one of Russia’s largest power companies, RusHydro.
Russia’s largest maritime and freight shipping company, Sovcomflot, and one of the world’s largest railroad companies, Russian Railways.
The country’s largest communications operator, Rostelecom, and the world’s largest diamond mining company, Alrosa.
Other measures
UK
Restricting wealthy Russians’ access to UK banks, including a £50,000 limit on bank accounts.
Asset freezes against all Russian financial institutions.
Measures to prevent Russian companies from issuing transferable securities and money market instruments in the UK (in addition to prohibiting the Russian state from raising sovereign debt in the UK).
Powers to prevent designated banks from accessing sterling and clearing payments through the UK.
Prohibiting the export of high-end and critical technical equipment and components in sectors including electronics, telecommunications and aerospace.
The territorial sanctions that the UK has imposed on Crimea will be extended to Donetsk and Luhansk, meaning no UK individual or business can deal with the territories until Ukraine controls them again.
EU
A ban on Russian deposits above €100,000 in EU banks, on Russian accounts held by EU central securities depositories and on selling euro-denominated securities to Russian clients.
A ban on listing the shares of Russian state-owned entities on EU trading venues.
A ban on the sale, supply, transfer or export to Russia of technologies in oil refining and restrictions for related services.
An export ban on all aircraft, spare parts and equipment to Russian airlines, as well as to the Russian space industry. This includes a prohibition on insurance and reinsurance and maintenance services.
Further restrictions on the export of dual-use goods and technology, including semiconductors.
Diplomats, Russian officials and business people will no longer be able to benefit from visa facilitation provisions, which allow privileged access to the EU.
US
The US has restricted the export of high-end US technologies to Russia, targeting its defence, aerospace and maritime sectors in a bid to deprive its military from western technology.
It has also issued broad, sweeping restrictions on products including chips and computers. Its new measures affect exports to Russia from outside of America if they are made using US technology.
Exemptions from the restrictions exist for international organisations, pandemic-related deliveries, overflight and emergency landings, the energy sector and dealings in certain debt or equity and derivative contracts.
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