On Friday, February 23, the United States will impose sanctions on more than 500 entities as part of events marking the second anniversary of Russia's invasion of Ukraine.
This was stated by US Deputy Treasury Secretary Wally Adeyemo, Reuters reports.
In an interview with the agency, the official noted that the measures taken in partnership with other countries will target the Russian military-industrial complex, as well as companies in third countries that help facilitate Russia's access to the goods it needs. According to him, Washington is seeking to hold Russia accountable for the war and the death of opposition leader Alexei Navalny.
"Tomorrow we'll release hundreds of sanctions just here in the United States, but it's important to step back and remember that it's not just America taking these actions," Adeyemo said.
According to him, the sanctions are designed to block Russia's access to the goods it needs to build weapons and slow down the aggressor country's access to the revenues it needs to support its economy and weapons production.
This package will be the latest of thousands of sanctions against Moscow imposed by the United States and its allies following Russia's invasion of Ukraine in 2022, which killed tens of thousands of people and turned entire cities into rubble.
As a reminder, on February 16, 47-year-old Russian opposition leader Alexei Navalny lost consciousness and later died in the Arctic colony Polar Wolf, where he was serving a three-year sentence.
The US confirmed that Navalny did not die naturally and announced a new package of sanctions against Russia this week. The new restrictions will affect its defense industry and are intended to reduce its export potential.
The US State Department said that the sanctions would be "devastating".