White House: US, EU to announce new sanctions against Russia on 6th

On April 5, local time, the White House press secretary Psaki said at a briefing that the $800 million aid plan signed by U.S. President Biden is in progress and most of the delivery has been completed.

Psaki said the United States, the European Union and the G7 are expected to announce new sanctions against Russia on the 6th, including a ban on all new investments in Russia, increased sanctions on Russian financial institutions and state-owned enterprises, and sanctions on the Russian government. Sanctions of officials and their family members.

The U.S. will also ban Russia from using U.S. bank reserves to repay debts, Psaki noted, in part aimed at draining Russia’s financial resources.

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