![]() It’s also steps that we are taking in coordination with partners and allies. This EO is an important step to further disrupt material support for Russia’s defense industrial base and to obstruct Russia’s efforts to increase its military capacity. sanctions authorities against Russia, with a focus on financial facilitators for Russia’s war. Tomorrow, President Biden intends to sign a new executive order that strengthens U.S. The action that we will take tomorrow is at the direction from President Biden and National Security Advisor Jake Sullivan to further step up our efforts to disrupt Russia’s efforts to expand its military industrial base. We’ve been very clear in all of this, along - in all of this that those who are supplying goods or processing transactions that materially support Russia’s military industrial base are complicit in Russia’s brutal violation of Ukraine’s sovereignty and territorial integrity. We’ve also sent teams across the globe to engage directly with foreign governments, companies, and financial institutions to share information and highlight sanctions risks. The core to our strategy is denying Russia access to the international financial system, ensuring the costs to Russia’s economy continue to grow over time, and preventing Russia from accessing the equipment, materials, and technology it needs to fuel its aggression.Īs part of this strategy, we have imposed powerful sanctions and export control measures against thousands of entities and individuals, including sanctions on multinational procurement networks helping Russia to acquire key defense-related goods from abroad. And we have also deployed our economic tools to undercut Russia’s ability to continue its unjust war. That has included military aid and financial and humanitarian assistance, as you all know. It’s been almost two years since Russia drove towards Kyiv in a brutal invasion of Ukraine that threatens the very foundation of international peace and stability.įrom that moment, the United States has taken strong and decisive actions to impose costs on Russia to hold it accountable for its actions in Ukraine, while also supporting Ukraine and its people. And thanks to everyone for joining today’s call. SENIOR ADMINISTRATION OFFICIAL: Great, thanks. With that, I’ll turn it over to our speakers for a few words at the top, and then we’ll take your questions. Eastern on Friday, December 22nd.įor your awareness, not for your reporting, on the call today we have and. As a reminder, this call is on background, attributable to senior administration officials, and it’s embargoed until 6:00 a.m. And thanks, everyone, for joining the call.
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