On Friday, the White House reportedly announced further sanctions against Russia and increased security aid to Ukraine along with even more financial and military aide.
Friday, February 24th marked the one year anniversary of the Russian invasion of Ukraine.
Sanctions targeting Russian financial institutions, energy capacities, technology, and defense sectors will be implemented in collaboration with G7 partners and allies, with the goal of weakening Russia’s economy and reducing its capacity to wage war against Ukraine.
Sanctions will also target Russian exports and raise taxes on Russian goods.
According to the statement, the military aid package includes modern unmanned aerial systems (UAS), counter-UAS (C-UAS), ammunition for 155mm artillery systems and High Mobility Artillery Rocket Systems (HIMARS), mine clearance equipment, and secure communications support equipment.
G7 leaders have given $39 billion in fiscal and economic help to Ukraine in 2023, with the White House pledging $250 million to protect Ukraine’s electricity sector against Russian threats.