The United States has issued a new round of sanctions reports SRN News. The new sanctions were put on Russian allies and intend to ban visas and freeze assets of Igor Sechin, the executive chairman of Rosneft oil company.
Sergei Chemezov, CEO of the tech company Rostec, was also targeted in the sanctions.
Other “cronies” of Russian President Putin will be affected by the sanctions including influential individuals and 17 companies.
“The goal is not to go after Mr. Putin personally. The goal is to change his calculus with respect to how the current actions that he’s engaging in Ukraine could have an adverse impact on the Russian economy over the long haul,” President Obama said.
Washington officials also announced their plan to deny Russia access to advanced technology items that could be used to enhance the nation’s military forces.
Amidst the new sanctions, the Ukrainian violence continues. Pro-Russian supporters have been actively taking over government buildings and threatening Organization for Security and Co-operation in Europe (OSCE) members, as well as other government officials.
Publication date: April 29, 2014