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Anti-Russian sanctions

US new sanctions confirm successes of Russia's navy ship building - Rogozin

Earlier, in a statement made in the White House, the American president had announced blocking the export of specific commodities and technologies to the energy sector of Russia

MOSCOW, July 30 /ITAR-TASS/. Washington's sanctions against the United Shipbuilding Corporation (USC) are indicative of successes scored by Russia's defence sector. This is how Russia's Vice-Premier Dmitry Rogozin commented on the US authorities' decision on a new round of sanctions against Russia.

"The decision by (US President Barrack) Obama to impose sanctions on the USC is a sure sign that Russia's navy ship building becomes a problem to Russia's foes," Rogozin wrote in his microblog in the Twitter network.

Earlier, in a statement made in the White House, the American president had announced blocking the export of specific commodities and technologies to the energy sector of Russia and expanding sanctions against a larger number of Russian banks and defence companies.

Obama did not mention the names of Russian organizations, against which new punitive measures apply. However, on July 29, the US Department of the Treasury announced that in view of differences with Russia over the crisis in Ukraine, Washington was applying sanctions against the USC and three Russian banks VTB (foreign trade), Rosselkhozbank (agriculture), and the Bank of Moscow.

The restrictive measures concerning the USC in practice signify a freeze on its assets in the USA if such exist, as well as a ban on the transaction of business with it for American natural persons and legal entities.

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Sanctions vs. Russia

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