Economics

U.S. Imposes More Sanctions on Russia for Chemical Agent Use

Measures follow executive order issued by Trump a day earlier
U.S. banks prohibited from issuance of Russian sovereign debt

Forensic teams work at an address in Gillingham, England as they remove a recovery truck used following the Salisbury nerve agent attack, on March 14, 2018.Photographer: Christopher Furlong/Getty Images

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By Shamim Adam

August 3, 2019 at 4:10 AM UTC

Updated on

August 3, 2019 at 8:10 PM UTC

This article is for subscribers only.

The U.S. imposed a second round of sanctions on Russia for using a banned nerve agent in an attempt to kill a former Russian spy in the U.K. in 2018.

The measures will prohibit U.S. banks from participating in the issuance of Russian sovereign debt, the State Department and Treasury Department said in separate statements. The sanctions will take effect following publication of a Federal Register notice on or about Aug. 19, and will remain in place for at least 12 months.