WASHINGTON, February 25. /TASS/. The United States administration has imposed sanctions against 80% of the Russian banking sector, about 2,400 individuals and legal entities have fallen under US restrictions since the start of the special military operation in Ukraine, the US Treasury announced on Friday.
"Over 80% of Russia’s banking sector by assets are under U.S. sanctions, including the top 10 Russian-owned banks," the Treasury says in a document that provides statistics on restrictions against Russia since the beginning of the special operation.
According to the US Treasury, "more than 1,000 foreign companies reportedly have ceased or curtailed their operations in Russia" since the start of the special military operation.
Over the last year, Treasury and State "have designated over 200 targets associated with Russian sanctions evasion, spanning across Europe, Africa, and Asia, including key transshipment jurisdictions in the Middle East, the Eurasian Economic Union, and East Asia." The US Treasury also imposed sanctions on almost a fifth of the Belarusian financial sector.
Since February 24 last year, about 115 ships and 19 aircraft have fallen under the restrictions of the department. The US Treasury has published 68 general licenses with exemptions from sanctions, and amended 40 documents of this kind.
The US Treasury high ranking officials made more than 80 trips to 31 countries to " to coordinate on international sanctions so far."
The multilateral Russian Elites, Proxies, and Oligarchs (REPO) Task Force, a multilateral group of the West engaged in the search and seizure of Russian-related property based on sanctions has frozen the assets of the Bank of Russia in the amount of about $300 billion.
"Collectively, REPO members have blocked or frozen tens of billions of dollars worth of sanctioned Russians’ assets in financial accounts and economic resources," the Treasury says.
REPO "have seized, blocked, or frozen luxury real estate and other luxury assets owned, held, or controlled by sanctioned Russians, valued in the many billions of dollars."
REPO includes Finance, Justice, Home Affairs, and Trade Ministers from Australia, Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Commission.