Sanctions against Russia
45 Commons Library Research Briefing, 22 March 2023
• Moscow Industrial Bank, and its subsidiaries, which among other things
is alleged to have facilitated transactions for the Russian intelligence
services.
• The state- supported weapons manufacturer Promtekhnologiya.
• Three of Russia's most highly viewed state-controlled television stations:
Channel One, Russia-1 and NTV Boradcasting Company.
177
The US State Department also designated 8 Russian companies providing
maritime-related services, including the Russian Ministry of Defence's
shipping company Oboronlogistika, and their associated vessels.
178
It has also imposed visa restrictions on Russian military officials, members of
Russian-backed or installed "authorities" in Ukraine and associated family
members. 2,596 members of the Russian military have subsequently had visa
restrictions imposed.
179
On 2 June the US announced further measures "to degrade the key networks
used by Russia's elites, including President Vladimir Putin, to attempt to hide
and move money and anonymously make use of luxury assets around the
globe".
180
Specifically the US has targeted several prominent Russian
government officials already designated by the UK and EU, including Maria
Zakharova, spokesperson of the Russian Ministry of Foreign Affairs, and
Alexey Mordashov, the head of Severgroup and one of Russia's wealthiest
men, along with his wife, two adult children and several associated
companies.
181
Kremlin-linked yacht brokerage firm Imperial Yachts, Sergei
Rodulgin, who the US has identified as "the custodian of President Putin's
offshore wealth", and God Nisanov, "one of the richest men in Europe and a
close associate of several Russian officials", have also been designated.
182
Rodulgin had already been designated by the UK, the EU, Australia and New
Zealand. In order to enforce existing sanctions, the US also identified several
vessels and aircraft in which sanctioned individuals, including President Putin,
maintain an interest.
183
Bringing the US further into line with allies
The US State Department announced a significant package of sanctions
measures on 28 June in order to "further align with measures taken by
Australia, Canada, the European Union, Japan, New Zealand and the UK".
184
Among those targeted were:
177
US Department of the Treasury, Press release, 8 May 2022
178
US Department of State, Fact Sheet, 8 May 2022
179
US Department of State, Fact Sheet, 8 May 2022
180
US Department of the Treasury, Press release, 2 June 2022
181
US Department of State, Press release, 2 June 2022
182
US Department of the Treasury, Press release, 2 June 2022
183
US Department of the Treasury, Press release, 2 June 2022
184
US State Department, Press release, 28 June 2022
