JAKARTA – The West continues to increase pressure through various sanctions against Russia. Most recently, US President Joe Biden is also preparing for sanctions targeting Russian companies that provide goods and services to Moscow's military and intelligence services.
According to US officials, US Treasury Department sanctions are likely to be announced as soon as next week. But they were reluctant to comment on media reports about it.
According to a Wall Street Journal report, most of the companies that will be sanctioned include Serniya Engineering and equipment maker Sertal. The two companies were previously placed on the US sensitive technology export ban list.
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Reported by the WSJ, although it has been banned, the two companies can still conduct business transactions.
The US and its allies on Thursday, March 24 have increased pressure on Moscow because of its military aggression in Ukraine.
Washington has imposed additional sanctions on dozens of Russian defense companies, hundreds of lawmakers as well as bosses of the country's biggest bank.
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