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U.S. Imposes Sanctions on 27 Gazprombank Executives, Russian TV Stations

The U.S. on Sunday imposed sanctions on three Russian television channels, banned Americans from providing accounting and consulting services to Russians, and imposed sanctions on Gazprombank executives, Reuters reports.

"This is not a full block. We're not freezing the assets of Gazprombank or prohibiting any transactions with Gazprombank," a senior Biden administration official told reporters. "What we're signaling is that Gazprombank is not a safe haven, and so we're sanctioning some of their top business executives ... to create a chilling effect."

Americans will be banned from providing accounting services, trust and corporation formation services, as well as management consulting services to Russians, although the provision of legal services is still allowed.

It is noted that U.S. President Joe Biden held a video conference with his G7 colleagues from his home in Delaware, where he is spending the weekend.

The White House said the leaders will discuss recent developments in the war, its global impact, and support for Ukraine and its future.

In addition, the U.S. imposed some 2,600 visa restrictions on Russian and Belarusian officials "in response to their ongoing efforts to undermine Ukraine's sovereignty, territorial integrity or political independence.”

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