The United States is imposing new sanctions against Russia in close cooperation and partnership with the EU and G7, the White House said.

"Our sanctions on Russia are unprecedented — in no other circumstance have we moved so swiftly and in such a coordinated fashion to impose devastating costs on any other country," the statement said.

Among the new restrictions:

Full blocking sanctions on more than 400 individuals and entities, including the Duma and its members, additional Russian elites, and Russian defense companies that fuel Putin’s war machine. This includes:

  • 328 Duma members and sanctioning the Duma as an entity.
  • Herman Gref, the head of Russia’s largest financial institution Sberbank and a Putin advisor since the 1990s.
  • Russian elite Gennady Timchenko, his companies and his family members.
  • 17 board members of Russian financial institution Sovcombank.
  • 48 Large Russian defense state-owned enterprises that are part of Russia’s defense-industrial base and produce weapons that have been used in Russia’s assault against Ukraine’s people, infrastructure, and territory, including Russian Helicopters, Tactical Missiles Corporation, High Precision Systems, NPK Tekhmash OAO, Kronshtadt. We are targeting, and will continue to target, the suppliers of Russia’s war effort and, in turn, their supply chain.

Establishment of an initiative focused on sanctions evasions. G7 leaders and the European Union today announced an initiative to share information about and coordinate responses related to evasive measures intended to undercut the effectiveness and impact of our joint sanctions actions. Together, we will not allow sanctions evasion or backfilling. As part of this effort, we will also engage other governments on adopting sanctions similar to those already imposed by the G7 and other partners.

Continuing to blunt the Central Bank’s ability to deploy international reserves, including gold, to prop up the Russian economy and fund Putin’s brutal war. G7 leaders and the European Union will continue to work jointly to blunt Russia’s ability to deploy its international reserves to prop up Russia’s economy and fund Putin’s war, including by making clear that any transaction involving gold related to the Central Bank of the Russian Federation is covered by existing sanctions,” the statement reads.