US to deprive Russia-supporting companies of access to American technologies

The US will close access to its technologies to the companies supporting Russia

The US is planning blacklisting sanctions against companies that are Russia's partners. Enterprises supporting Moscow will be banned from purchasing American goods and technologies, which, among other things, will close access to such strategically important products as semiconductors, follows from a statement on the White House website.

Also, US agencies are preparing blocking sanctions against individuals who are associated with Russia's attempts to circumvent existing restrictions, the report said. Washington will also ask financial institutions to get involved in the search for export control violations.

The announced measures are timed to coincide with the summit of leaders of the G7 countries taking place in Germany - US President Joe Biden intends to meet with them and President of Ukraine Volodymyr Zelensky.

The White House publication notes that the countries intend to continue to work on imposing restrictions on Russia. The G7 will issue a statement in support of Ukraine, which will include new commitments regarding sanctions, in order to achieve a tightening of our economic measures against Russia.

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Author`s name Petr Ermilin