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The United States has imposed sweeping new sanctions and export control restrictions to further constrain Russia’s war efforts in Ukraine. These measures target over 300 individuals and entities deemed to be contributing to the Russian war effort, including the Moscow Exchange (MoEx) and related financial infrastructure players critical to the Russian economy, as well as supply chain and evasion networks in Russia and third countries.

The U.S. has also issued new sanctions prohibitions to restrict the provision of certain U.S. information technology (IT) and software services to Russia. Additionally, the U.S. has significantly expanded its criteria for imposing secondary sanctions on foreign financial institutions (FFIs) that continue to conduct or facilitate significant transactions or provide any service involving Russia’s military-industrial base. These actions demonstrate the U.S. government’s continued resolve to punish Russia, cut off the Russian war machine’s sources of support, and increase the secondary risks for third-country actors that continue to support Russia’s unjustified invasion of Ukraine.

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