The number of Russian companies and citizens under sanctions has reached almost 8 thousand

By the end of 2022, 4,832 Russians and 2,972 companies from Russia fell under various foreign sanctions, Interfax writes, citing data from the X-Compliance project.

We are talking about the sanctions lists of the UN, the USA, the EU, the UK, Switzerland, the Netherlands, Belgium, Latvia, Poland, Australia, New Zealand, Canada, Singapore, Japan and Ukraine. In total, as of December 31, 2022, they included 24,101 persons, that is, the share of Russians almost reached a third.

Over the year, the number of Russian citizens and companies under sanctions has doubled. A year ago, only 3,835 persons from Russia were blacklisted: 2,281 citizens and 1,554 companies.

The number of sanctions against Russians began to grow sharply after the war unleashed by Russia in Ukraine. From February 22 to March 8, 2778 new restrictions were introduced against Russia and it became the leader in the number of sanctions imposed against it.

Since the beginning of the invasion, more than 40 leading states have joined the sanctions against Russia. So Russia became the world’s main pariah: in terms of the number of sanctions, it overtook Iran, Syria, North Korea and Venezuela.

Among the Russian companies included in the sanctions lists, 11.2% are engaged in scientific research and development, 8.1% in wholesale trade, 6.5% in the provision of financial services, 4.3% in the production of computers, electronics and optics, 4, 2% – the production of vehicles and equipment.

Another 3,361 Russian companies were at risk of sanctions. We are talking about the “daughters” of sub-sanctioned enterprises, in which they own a share of more than 50%. In particular, more than 3,000 subsidiaries of Russian companies may be subject to US sanctions.

On the eve of the European Union announced new sanctions against Russia.

“Sanctions are the best EU tool to help Ukraine win this war, which is the ultimate goal of what we are doing,” said Swedish Foreign Minister Tobias Billström, whose country holds the EU presidency. (quoted by Reuters).

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