A group of European countries not in the EU aligned with two recent sanctions decisions from the bloc pertaining to Russia and its war in Ukraine.
The Group of Seven (G7) nations agreed last week at their summit in Apulia, Italy, to use interest from frozen Russian assets to finance about $50 billion in loans to Ukraine.
The EU General Court on June 12 rejected Russian investment fund VEB.RF's application to be removed from the bloc's Russia sanctions regime, according to an unofficial translation. The European Council sanctioned the financial institution for helping undermine the territorial sovereignty of Ukraine and providing material support to "Russian decision-makers responsible for the annexation of Crimea or the destabilization of Eastern Ukraine."
Sergey Nefedov of Anchorage and Mark Shumovich of Bellevue, Washington, were charged June 11 with conducting a scheme to illegally export nearly $500,000 worth of snowmobilers and associated parts from the U.S. to Russia, DOJ announced.
The U.K. on June 13 added 42 entries to its Russia sanctions regime, imposing restrictions on seven individuals and 35 entities, the Office of Financial Sanctions Implementation announced.
Senate Foreign Relations Committee Chairman Sen. Ben Cardin, D-Md., said June 13 that he has made substantial progress in putting together a major China bill since he disclosed several months ago that he was developing such legislation.
The Biden administration announced June 12 that it is taking additional measures to degrade Moscow's war machine, including sanctioning more than 300 entities and people in Russia and other countries and implementing several new export restrictions, including adding five entities and eight addresses to the Entity List.
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The Biden administration this week will announce a new set of export controls and sanctions aimed at impeding Russia’s ability to continue fighting Ukraine, National Security Council spokesperson John Kirby said June 11.
The Biden administration announced June 12 it's taking additional measures to degrade Russia’s war machine, sanctioning more than 300 entities and people and imposing several significant export restrictions, including the addition of five entities and eight addresses to the Entity List. The sanctions target Chinese companies that provide dual-use goods to Russia's defense industrial base, and foreign financial institutions that aid Russia's military. The export restrictions include a crackdown on diversion through shell companies.