Metro Plus News U.S., allies to tighten screws on Russian sanctions evasion

U.S., allies to tighten screws on Russian sanctions evasion

The United States and its allies will impose new sanctions this week to crack down on Russia’s efforts to evade sanctions and export controls aimed at
forcing Moscow to end its war in Ukraine, Deputy Treasury Secretary Wally Adeyemo said on Tuesday.
Adeyemo said a coalition of more than 30 countries would crack down on Russia’s purchases of dual-use goods like refrigerators to secure semiconductors needed for its military. The sanctions would also seek to do more to stem the transshipment of oil and other restricted goods through bordering countries, although he did not give details.
Officials would also warn companies and individuals still doing business with Russia that they faced sanctions if they continued doing so.
“The breadth of this coalition is what will enable us to continue to isolate Russia,” Adeyemo will say in a speech to be delivered at the Council on Foreign Relations on Tuesday, ahead of Friday’s one-year anniversary of Russia’s invasion.