https://sputnikglobe.com/20231222/biden-orders-import-restrictions-on-russian-diamonds-seafood--white-house-1115751341.html
Biden Orders Import Restrictions on Russian Diamonds, Seafood – White House
Biden Orders Import Restrictions on Russian Diamonds, Seafood – White House
Sputnik International
US President Joe Biden will sign an executive order (E.O.) imposing restrictions on imports of certain Russian goods, including diamonds and seafood, the White House said on Friday
2023-12-22T14:28+0000
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The executive order will ban the imports of certain products mined, extracted, produced, or manufactured wholly or in part in Russia, even if these products are later reprocessed in a third country. The Biden administration also plans to ban the imports of certain products harvested in Russian waters or by Russia-flagged vessels. Restrictions will apply even to goods transformed in a third country, according to the statement. "The Department of the Treasury intends to issue a determination identifying specific types of seafood that will be subject to this prohibition," the statement added. The new executive order will also provide additional authorities to sanction financial institutions that facilitate significant transactions relating to Russia’s military industrial base.
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Biden Orders Import Restrictions on Russian Diamonds, Seafood – White House
WASHINGTON (Sputnik) – US President Joe Biden will sign an executive order (E.O.) imposing restrictions on imports of certain Russian goods, including diamonds and seafood, the White House said on Friday.
The executive order
will ban the imports of certain products mined, extracted, produced, or manufactured wholly or in part in Russia, even if these products are later reprocessed in a third country.
"To curtail Russia’s revenue from other sectors, the E.O. will also make it more difficult for specific Russian goods to enter the United States after being modified in a third country. In the coming months, the United States and our partners intend to introduce import restrictions on certain diamonds mined, processed, or produced in Russia, building on an existing U.S. ban on the importation of Russian-origin diamonds," the statement said.
The Biden administration also plans to
ban the imports of certain products harvested in Russian waters or by Russia-flagged vessels. Restrictions will apply even to goods transformed in a third country, according to the statement.
"The Department of the Treasury intends to issue a determination identifying specific types of seafood that will be subject to this prohibition," the statement added.
18 December 2023, 17:39 GMT
The new executive order will also provide additional authorities to
sanction financial institutions that facilitate significant transactions relating to Russia’s military industrial base.
