The US government wants to increase economic pressure on the Kremlin. At the same time, Kiev is receiving further military support for its defensive struggle against Russia.
On the occasion of Ukraine’s Independence Day this Saturday, the US government announced a large-scale package to further strengthen the country in its defensive war against Russia. Sanctions will be imposed on almost 400 organizations and individuals “who support Russia’s illegal war,” as US President Joe Biden announced. In addition, further military aid will be provided to Kyiv.
Biden said he had spoken with Ukrainian President Volodymyr Zelensky to “express America’s unwavering support for the Ukrainian people.” We will “continue to stand by the attacked country every step of the way.”
In recent months, the US has already provided several tranches of military aid, bit by bit, after the US Congress released new funds totaling around 61 billion US dollars (56.2 billion euros) for Kiev at the end of April. The new aid package, worth around 125 million US dollars (around 111 million euros), includes ammunition for Himars multiple rocket launchers, artillery shells and small arms ammunition – but also ambulances and other medical equipment, according to the US State Department.
The sanctions affect institutions and individuals in Russia as well as in third countries. They are intended to hit the Russian war economy and are aimed, among other things, at the Russian energy sector. As a result of the new sanctions, any assets of those affected in the USA will be blocked. US citizens or people in the United States are prohibited from doing business with the sanctioned companies and individuals. The sanctions also make international business significantly more difficult for those affected.
Source: Stern
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