Russian deputy minister blacklisted in new European Union sanctions over Siemens case

Russian Markets Shrug Off New US Sanctions

The newly sanctioned individuals and companies will be subject to restrictive measures because their actions undermine the territorial integrity, sovereignty and independence of Ukraine, EU officials said.

The Russian Energy Ministry said Saturday that it is legally groundless for the European Union (EU) to sanction two of its officials over spats around Siemens turbine supply.

Siemens has said the turbines were "illegally" diverted "against our will" to Crimea and that it was cutting some of its ties to Russian Federation following reports of the illegal shipments.

The United States and other Western nations have imposed sanctions on Moscow after it illegally annexed the Crimean region and for its support of separatist fighters in eastern Ukraine. Western companies are now prohibited from doing business in Crimea.

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The Russian foreign ministry has expressed "deep regret" over Brussels' decision to expand the anti-Russian sanction list.

Russia's Deputy Energy Minister Andrei Cherezov, Department Director of the Ministry Evgeny Grabchak, and Chief Executive of Technopromexport Sergey Topor-Gilka were added to the sanction list along with OAO and OOO Technopromexport and ZAO Interavtomatika companies, wrote Russian state news agency TASS.

The three persons were added to the sanctions list for their responsibility in supplying Crimea with gas turbines from Russian Federation. "In order to use the USA gas it is necessary to construct big gas liquefaction plants in the United States, deliver gas to Europe and then utilize it in power grids", Alessandrello told Sputnik. The sanctions, consisting of an asset freeze and travel ban, now apply to 153 people and 40 entities, the council said.

On July 28, Moscow announced countermeasures in response to the USA sanctions bill and to the expulsion of 35 Russian diplomatic staff from the United States in late 2016.

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