The United States Treasury Department Tuesday imposed sanctions on 34 individuals and entities for previous sanctions evasion and other activities related to Russia’s involvement in Ukraine.
The Treasury also announced that a number of majority-owned subsidiaries of Russian state banks, Sberbank and VTB, as well as defense company Rostec would be subject to sanctions already imposed on their parent companies.
The measure supports “the U.S. commitment to seek a diplomatic resolution to the crisis in Ukraine” and “to a policy of non-recognition with respect to Russia’s purported annexation of Crimea,” a Treasury statement said.
The U.S. sanctions would stay in effect until …read more
Source: Voice of America