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US Imposes Sanctions on 130 Russian Individuals & Entities

November 3, 2023
US Imposes Sanctions on 130 Russian Individuals & Entities
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The United States, on Thursday, imposed a comprehensive set of sanctions on Russia, encompassing 130 new individuals and entities associated with the Russian military effort and other activities deemed malicious, coordinated with the US Treasury Department.

According to a statement on the official U.S. Department of State website, all targets were identified based on the executive order allowing sanctions concerning specific harmful foreign activities of the Russian government.

The sanctions list includes restrictions on Russia’s future energy production and its export capacities including Arctic LNG 2, a significant liquefied natural gas project affiliated with Russia’s major natural gas company Novatek, located in Russia’s Arctic region.

The mining sector is also encompassed, including the Russian joint-stock company of titanium resources “Rostitan,” a metals and mining company based in Russia executing a project to develop the world’s largest titanium ore deposit located in Russia.

Several individuals working in the metals and mining sector were also identified, including Anatoly Nikolaevich Tkachuk, the head of “Rostitan”, and Alexey Alexeyevich Novikov, the General Director of Rostitan.

The US State Department has also taken measures to target additional companies complicit in supporting the Russian military operation against Ukraine, including a network purchasing materials to support the production of suicide drones used by the Russian army in Ukraine including companies “Zala” and its subsidiary “A Level Aerosystem.”

Sanctions were also imposed on Alexander Vyacheslavovich Zakharov, owner of both companies and an innovator and designer of suicide drones, alongside his wife Svetlana Nikolaevna Zakharova and her company “Invest Group,” their daughter Maria Alexandrovna Osetrova, and their sons Lavrentiy Alexandrovich Zakharov and Nikita Alexandrovich Zakharov and their affiliated companies.

Moreover, sanctions were imposed on several Russian businessmen and their owned companies, directly or indirectly associated with Russian military manufacturing, including electronics and technology firms.

The department also listed several foreign companies cooperating with Russian firms in supplying capabilities assisting in military manufacturing.

Tags: RussiaUS
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