The US will be able to impose a new series of sanctions, “blocking” Russia’s gold

According to a senior Biden administration official, the United States plans to sanction about 400 Russian individuals and entities, including more than 300 lawmakers from the Duma, Russia’s House of Representatives and the country’s elite.

The G7 group of major economies and the European Union will also announce new sanctions aimed at curbing Russia’s efforts to avoid existing sanctions, including those aimed at the central bank. Russia.

The EU and G7 will also notify international organizations that from this point on they will no longer operate inside Russia under “business as usual” standards, the official said.

According to Reuters, Set Finance The US warns on its website that gold transactions involving Russia may be subject to sanctions by the US government. This move is intended to prevent Russia from “dodging” existing sanctions.

The US Treasury Department said the new sanctions targets include more than 40 defense companies and 28 enterprise affiliated companies, as well as the general managers of these companies. In addition, the US Treasury Department also sanctioned the head of Russia’s largest bank Sberbank – Herman Gref, who the ministry said was a close associate of Putin.

Last month, the US said US banks had cut their correspondent banking relationship (which allows banks to make payments and transfer money globally) with Sberbank, but did not freeze their assets.

The US also targeted 17 board members of Sovcombank – the bank under US sanctions – and Gennady Timchenko, the company and members of his family.