WASHINGTON, February 24. /TASS/. The US, in coordination with the G7 countries, will impose sanctions against more than 200 individuals and legal entities from Russia and third countries on February 24, the White House said in a statement on Friday.
"Today, in coordination with G7 partners and allies, the Departments of the Treasury and State will implement sweeping sanctions against key revenue generating sectors in order to further degrade Russia’s economy and diminish its ability to wage war against Ukraine. This will result in sanctions being imposed on over 200 individuals and entities, including both Russian and third-country actors across Europe, Asia, and the Middle East that are supporting Russia’s war effort," the statement said.
The White House said that sanctions will target "a dozen Russian financial institutions," Russian officials and government officials in Russia's new territories.
"We will sanction additional actors tied to Russia’s defense and technology industry, including those responsible for backfilling Russian stocks of sanctioned items or enabling Russian sanctions evasio," the US administration said in a statement.
In addition, the US intends to take action on Russia's "future energy capabilities", but in a way that these steps "does not impact current productionn" and help "minimize market disruption".