U.S. Department of Commerce puts new Russian companies on sanction list

The U.S. Department of Commerce's Bureau of Industry and Security (BIS) has placed a number of Russian companies on the sanction list over events in Ukraine, a statement posted on the Federal Register governmental website reads.

The Kalashnikov Concern at the Army 2015 International Military Technical Forum, Moscow, June 17, 2015. Source: Mikhail Pochuyev / TASS

The U.S. Department of Commerce's Bureau of Industry and Security (BIS) has placed a number of Russian companies on the sanction list over events in Ukraine, a statement posted on the Federal Register governmental website reads.

"BIS is taking this action to ensure the efficacy of existing sanctions on the Russian Federation (Russia) for violating international law and fueling the conflict in eastern Ukraine," the statement reads.

Companies from the United Kingdom, Romania, Ukraine, Finland and Switzerland were also included on the list.

The list of Russian companies include Vankorneft, Izhevsky Mekhanichesky Zavod, Neft-Aktiv, Achinsk Refinery, Angarsk Petrochemical Company, Kuybyshev Refinery, Novokuybyshev Refinery, Orenburgneft, RN Holding, Samotlorneftegaz, Syzran Refinery, Kontsern Izhmash, Verkhnechonskneftegaz, RN-Komsomolsky Refinery, RN-Yuganskneftegaz and others.

Meanwhile, the Kommersant daily quoted on Sept.2 a source in the U.S. embassy in Moscow who said that this is not the extension of sanction but is an internal measure that is called to bring export control in line with financial sanctions.

Read next: United Russia links expanded blacklist of Russian companies to Putin's speech at UN General Assembly>>>

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