U.S. Sanctions Russia's Two More State-Owned Enterprises

The U.S. State Department Thursday night announced what it called "additional actions to raise the economic cost on President Putin" by imposing blocking sanctions on two more Russian state-owned enterprises, TURAN's U.S. correspondent reports.

The corporations that were sanctioned are:

- Joint Stock Company United Shipbuilding Corporation (USC) -  as well as 28 USC subsidiaries and eight members of the USC board of directors;

- Public Joint Stock Company Alrosa.

USC is one of Russia’s largest state-owned enterprises, and it developed and constructed the warships that have bombarded Ukraine’s cities.

Alrosa is a diamond-mining company, controlled by the Russian government, the proceeds of which help to finance the Russian government’s war and atrocities against Ukraine.

"Our actions today, alongside the actions we have taken since the beginning of President Putin’s brutal and unjustified war in Ukraine, are designed to reinforce each other and intensify over time," Secretary of State Antony Blinken said in a statement.

"We remain committed to Ukraine’s sovereignty and territorial integrity and condemn Russia’s atrocities and disregard for life.  We support accountability for the Kremlin’s wrongdoing in this war of choice."

As long as the Kremlin continues its brutal assault on Ukraine and its people, we stand united with our allies and partners in imposing additional costs on Russia, Blinken added.

“These sanctions will continue to apply pressure to key entities that enable and fund Russia’s unprovoked war against Ukraine,” said Brian Nelson, Under Secretary of the Treasury for Terrorism and Financial Intelligence.

Alex Raufoglu

Washington D.C.