Photo: Depositphotos
Washington has taken aim at Russia’s economic resilience with an unprecedented package of sanctions targeting a number of key sectors. The new restrictions, announced on Wednesday (15 January), cover almost a hundred Russian and international entities, including banks that have evaded pre-existing sanctions, such as Keremet Bank in Kyrgyzstan, and a huge number of defence companies.
According to Andriy Yermak, head of the Office of the President of Ukraine, the restrictions also affect a large number of steel plants and companies, including Kamensk-Uralsky Metallurgical Plant and Terra Steel Group, which indicates that the US is trying to hit key Russian production links.
The sanctions also targeted foreign firms from China, Turkey, the UAE and Malaysia, which, according to the US, helped Russia in the production and delivery of critical goods, including components for ZALA drones.
These sanctions, as Yermak notes, “are aimed at undermining Russia’s financial and technological capabilities to wage war and circumvent existing restrictions,” clearly indicating a US strategy aimed at exhausting Moscow’s military and economic potential through targeted financial strikes.
