“This measure further isolates Russia from the international economy and undermines the ability to obtain capital, materials, technologies,” the ministry said in a statement.
The heads of the regions of the Russian Federation, leaders and businessmen fell under the new US sanctions.
Restrictions have also been introduced against companies in the mining sector and the financial sector. “This involves more than a dozen financial institutions, including one of the ten largest banks in terms of assets,” the US Treasury said.
The department believes that individuals and businesses that have fallen under the restrictions are trying to circumvent the sanctions and turning to smaller banks. That is why more than 10 financial organizations have been blacklisted, including Uralsib, Zenit, Moscow Credit Bank, MTS Bank, Levoberezhny, St. Petersburg, Primorye, SDM-Bank and Ural Bank for Reconstruction and Development.
