Russian Federation call USA sanctions on business entities "erroneous"

Trump administration imposes sweeping new sanctions on Russian elite

On Thursday, the Washington Post, citing some unnamed US officials, reported that The US administration meant to introduce sanctions against a number of Russians included in the so-called "Kremlin report".

Despite all statements from Washington, sanctions are clearly aimed against ordinary Russian citizens, the country's embassy in the USA said.

Russia's President Vladimir Putin (centre) chairs a meeting with members of the Security Council in Moscow April 6, 2018.

Russia's foreign ministry promised a "tough response" and said the United States had joined the "enemies of the market economy and honest and free competition" as they "use administrative methods to eliminate competitors" such as Rosoboronexport.

Of these, 17 are Russian government officials and seven are "oligarchs" who own or control 12 firms.

Friday witnessed US Treasury Department announcing new sanctions against seven Russian oligarchs and several government officials and business entities. "The Russian government.continues to occupy Crimea and instigate violence in eastern Ukraine, supplies the Assad regime with weaponry as they bomb their own civilians, attempts to subvert Western democracies, and conducts malicious cyber activities".

As a result of the punishment, all assets of the designated persons and entities that are subject to U.S. jurisdiction are frozen, and USA persons are generally prohibited from dealing with them.

"Nobody has been tougher on Russian Federation than I have", Trump said at a news conference on Tuesday.

Above all else, Russia's attempts to subvert Western democracy prompted the US sanctions, officials said, in a direct nod to concerns that the USA president has failed to challenge Putin for alleged interference in the 2016 election that brought Trump to power. It also denounced the USA move as "yet another misguided step that [leads] to the destruction of free enterprise, competition and integration in the world economy." .

Following the alleged murder attempt of Skripals by nerve agent on British soil, United Kingdom government had expelled 23 diplomats from London which was reciprocated by Russian Foreign Ministry with expulsion of similar number of British diplomats. And last month, the US targeted 19 Russians and five Russian entities with sanctions in the first use of the new sanctions powers Congress passed a year ago in response to the election meddling.

But Congress persisted, backed by evidence from USA intelligence agencies, and in March the administration finally imposed sanctions on 19 Russian entities for "malicious cyber attacks".

The list also includes Russian aluminum magnate Oleg Deripaska, a billionaire with alleged ties to Trump's former campaign chairman Paul Manafort who is facing money laundering charges, and banker Sergei Gorkov, who was dispatched by Russia in December 2016 to meet Trump's son-in-law Jared Kushner at Trump Tower.

So far Mueller has indicted 19 people, including 13 Russians, and reports suggest he may soon ask to interview Trump himself.

Mnunchin claimed that Russian oligarchs and elites profited from this "corrupt system" and could no longer be protected despite their government's activities.

Ties had already plummeted to a post Cold War low over last month's attack on a former Russian double agent living in England.

The United States' new anti-Russian sanctions cover those biggest Russian businesses that refuse to play to Washington's scenario, the Russian embassy in the United States said in a statement on Friday.

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