US Imposes Massive Sanctions on Russian Support Companies... Including Chinese Firms

President Joe Biden of the United States (right) and President Volodymyr Zelensky of Ukraine
[Image source=Yonhap News]

On the 1st anniversary of Russia's invasion of Ukraine, on the 24th (local time), the United States announced additional sanctions against Russia and others, as well as plans for additional support to Ukraine.

The White House released a statement containing these details on its website that day.

The statement included sanctions such as export controls on Russian and third-country companies violating sanctions against Russia, and tariff increases on Russian metals, minerals, and chemicals.

The White House stated that about 90 companies are subject to export controls and other sanctions, including Chinese companies.

The announcement also included plans to provide an additional $2 billion (2.6 trillion won) worth of weapons to Ukraine, which is preparing for a spring offensive this year.

However, the F-16 fighter jets, which Ukraine has persistently requested, were not included in the aid package.

On the same day, U.S. President Joe Biden will meet with Ukrainian President Volodymyr Zelensky and leaders of the Group of Seven (G7) allied countries at 9 a.m. Eastern Time (11 p.m. Korean Time) to discuss ways to provide more aid to Ukraine.

This content was produced with the assistance of AI translation services.