New US Sanction List Includes Russian Severstal’s Mr Mordashov

US administration has announced a new round of sanctions targeting Russian political and business elites, in an effort to further punish Russia for its military operation in Ukraine. Aimed at further limiting the Russian military's ability to obtain technologies and other items needed for sustaining its military operation, the Department of Commerce will add 71 Russia & and Belarus-based entities to the Entity List, effectively cutting them off from obtaining US origin items or foreign made products derived from certain US technology or software. Department of the Treasury will impose sanctions on 1. Mr Alexey Mordashov, whose family members and companies are also being sanctioned, has ties to one of Russia's leading domestic steel producer Severstal 2. Mr Sergei Pavlovich Roldugin, a Russian cellist & businessman based in St Petersburg, & his family members, a close associate of Russian President Mr Vladimir Putin and a money manager of Mr Putin's offshore wealth 3. Monaco based Imperial Yachts CEO Mr Evgeniy Kochman, which provides services to Mr Putin's inner circle. The US Treasury Department has identified two vessels, the Russian-flagged Graceful and the Cayman islands-flagged Olympia as property in which Putin has an interest 4. United Aircraft Corporation, a Russian state-owned company that supports the country's defense industry, Director General Mr Yuri Slusar 5. Ministry of Foreign Affairs of the Russian Federation’s Information & Press Department Dirctor Ms Maria Vladimirovna Zakharova 6. Russia’s largest commercial estate holding f Kievskaya Square Chairman Mr God Semenovich Nisanov