26 Feb 2024 09:40

Biden announces new anti-Russian sanctions

WASHINGTON. Feb 26 (Interfax) - U.S. President Joe Biden on Friday announced more than 500 new sanctions against Russia, including measures targeting Russia's financial sector and defense industry, the White House said on February 23.

"Today, I am announcing more than 500 new sanctions against Russia. These sanctions will target [...] Russia's financial sector, defense industrial base, procurement networks and sanctions evaders," Biden said in a statement published by the White House.

The U.S. is introducing new export restrictions against around 100 enterprises that support Russia's defense industry, he said.

"We are taking action to further reduce Russia's energy revenues," Biden said.