{"id":91380,"date":"2022-02-23T18:05:37","date_gmt":"2022-02-23T15:05:37","guid":{"rendered":"http:\/\/192.163.207.100\/~timesku1\/news\/?p=91380"},"modified":"2022-02-23T18:05:37","modified_gmt":"2022-02-23T15:05:37","slug":"what-sanctions-have-been-imposed-on-russia","status":"publish","type":"post","link":"https:\/\/timeskuwait.com\/news\/what-sanctions-have-been-imposed-on-russia\/","title":{"rendered":"What sanctions have been imposed on Russia?"},"content":{"rendered":"<p>New sanctions have been imposed on Russia by the West, Japan and Australia for ordering troops into separatist regions of eastern Ukraine.<\/p>\n<p>There are also threats of going further with the sanctions if Moscow was to launch an all-out invasion of its neighbour.<\/p>\n<p>The United States, the European Union, Britain, Australia, Canada and Japan announced plans to target banks and wealthy individuals while Germany halted a major gas pipeline project from Russia in one of the worst security crises in Europe in decades.<\/p>\n<p>The measures, accompanied by the repositioning of additional US troops to the Baltic nations on NATO\u2019s eastern flank bordering Russia, came as Russian forces rolled into rebel-held breakaway areas in eastern Ukraine after President Vladimir Putin said he was recognising the independence of the Donetsk and Luhansk separatist regions in defiance of US and European demands.<\/p>\n<p>Here is a list of the sanctions levelled against Russia so far:<\/p>\n<h2><strong>United States<\/strong><\/h2>\n<p>In what he called the \u201cfirst tranche\u201d of sanctions, President Joe Biden signed an executive order on Monday that stipulated any institution in Russia\u2019s financial services sector is a target for further sanctions.<\/p>\n<p>More than 80 percent of Russia\u2019s daily foreign exchange transactions and half its trade are conducted in US dollars.<\/p>\n<p>Washington sanctioned two of Russia\u2019s state-owned banks \u2013 VEB and Promsvyazbank \u2013 and blocked it from trading in its debt on US and European markets. The two Russian banks are considered especially close to the Kremlin and Russia\u2019s military, with more than $80bn in assets.<\/p>\n<p data-inc=\"1\">That includes freezing all of those banks\u2019 assets under US jurisdictions.<\/p>\n<p>Starting on Wednesday, the sanctions include the country\u2019s \u201celites\u201d and their family members, as well as civilian leaders in Russia\u2019s leadership hierarchy.<\/p>\n<h2><strong>United Kingdom<\/strong><\/h2>\n<p>On Tuesday, the UK announced sanctions against five Russian banks and three Russian billionaires: Gennady Timchenko, Boris Rotenberg and Igor Rotenberg.<\/p>\n<p>The Rotenbergs are co-owners of SGM Group, which makes oil and gas infrastructure. Timchenko is the owner of private investment firm Volga Group.<\/p>\n<p>The banks are Rossiya Bank, IS Bank, General Bank, Promsvyazbank and Black Sea Bank.<\/p>\n<p>Britain will also stop Russia from selling sovereign debt in London, Foreign Secretary Liz Truss said.<\/p>\n<p>\u201cWe are prepared to go much further if Russia does not pull back from the brink,\u201d she said. \u201cWe will curtail the ability of the Russian state and Russian companies to raise funds in our markets, prohibit a range of high tech exports, and further isolate Russian banks from the global economy.\u201d<\/p>\n<h2><strong>Germany<\/strong><\/h2>\n<p>German Chancellor Olaf Scholz announced the halting of the process of certifying the Nord Stream 2 gas pipeline from Russia \u2013 a lucrative deal long sought by Moscow but criticised by the US for increasing Europe\u2019s reliance on Russian energy.<\/p>\n<p>The $11.6bn project is owned by Russian state-owned gas giant Gazprom.<\/p>\n<div class=\"wysiwyg wysiwyg--all-content css-1ck9wyi\">\n<h2><strong>Ukraine<\/strong><\/h2>\n<p>Ukraine\u2019s parliament has approved imposing sanctions on 351 Russians, including lawmakers who supported the recognition of the independence of separatist-controlled territories and the use of Russian troops in eastern Ukraine.<\/p>\n<p>The sanctions restrict almost all possible types of activities, in particular a ban on entry into Ukraine, prohibit access to assets, capital, property, licenses for business.<\/p>\n<h2><strong>EU<\/strong><\/h2>\n<p>The 27-member bloc unanimously announced on Tuesday initial sanctions aimed at the 351 Russian politicians who voted for recognising the two separatist regions in Ukraine, as well as 27 other Russian officials and institutions from the defence and banking sectors.<\/p>\n<p>They also sought to limit Moscow\u2019s access to EU capital and financial markets.<\/p>\n<h2><strong>Japan, Australia<\/strong><\/h2>\n<p>The two countries announced the imposition of stringent penalties on individuals connected with the aggression against Ukraine.<\/p>\n<p>Australia Prime Minister Scott Morrison targeted members of Russia\u2019s Security Council for \u201cbehaving like thugs and bullies\u201d.<\/p>\n<p>Japan\u2019s sanctions include banning the issuance of Russian bonds in Japan and freezing the assets of certain Russian individuals as well as restricting travel to Japan, Prime Minister Fumio Kishida said.<\/p>\n<\/div>\n<div class=\"article-source\" style=\"text-align: right;\">Source: Al Jazeera and news agencies<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New sanctions have been imposed on Russia by the West, Japan and Australia for ordering troops into separatist regions of eastern Ukraine. There are also threats of going further with the sanctions if Moscow was to launch an all-out invasion of its neighbour. The United States, the European Union, Britain, Australia, Canada and Japan announced [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":91381,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,21],"tags":[644],"class_list":["post-91380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-world-news","tag-ukraine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What sanctions have been imposed on Russia? - TimesKuwait<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timeskuwait.com\/news\/what-sanctions-have-been-imposed-on-russia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What sanctions have been imposed on Russia? - TimesKuwait\" \/>\n<meta property=\"og:description\" content=\"New sanctions have been imposed on Russia by the West, Japan and Australia for ordering troops into separatist regions of eastern Ukraine. 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