US extends sanctions against Russia

11:00 | 02.03.2023
US extends sanctions against Russia

US extends sanctions against Russia

US President Joe Biden has issued a decree extending the national emergency imposed in 2014 after Russia’s aggression against Ukraine and related sanctions against Russia until the end of 2023, reported from Ukrainska Pravda.

The national emergency in connection with the situation in Ukraine was declared on March 6, 2014, by a decree of then-US President Barack Obama. Since then, it has been extended several times, including on February 21, 2022, after Russia recognized the legal status of the L/DPR [the self-proclaimed Luhansk/Donetsk People’s Republics] terrorist entities.

In addition, in December 2014 and September 2018, the US presidents introduced additional sanctions measures.

"The actions and policies addressed in these Executive Orders continue to pose an unusual and extraordinary threat to the national security and foreign policy of the United States. For this reason, the national emergency… must continue in effect beyond March 6, 2023,” Biden's decree says.

On February 24, the US announced new sanctions against Russia on the one-year anniversary of its military invasion of Ukraine. The sanctions are imposed on more than 200 individuals and entities, including both Russian and third countries in Europe, Asia, and the Middle East, that support Russia’s military efforts.

In addition, on March 3, US President Joe Biden signed a decree imposing a 200% duty on aluminum imports from Russia, the world’s second largest producer of the metal.
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