“The United States will put in place significant sanctions against key sectors that generate revenue for (Vladimir) Putin,” White House spokeswoman Karine Jean-Pierre said at a press conference Thursday. February 23, the eve of the first anniversary of the invasion of Russian forces in Ukraine. The spokeswoman did not say whether the new US sanctions would be followed by other G7 countries.

The subject of Ukraine will be on everyone’s lips during a virtual summit of G7 countries on Friday. France, the United Kingdom, Canada, Germany, Italy, Japan, and the United States will be joined by Ukrainian President Volodymyr Zelensky. “Leaders will discuss how we continue to support Ukraine,” said Karine Jean-Pierre. Specific sanctions targets include banks and entities that allow Moscow to circumvent waves of sanctions already imposed in the wake of the start of its invasion of Ukraine on February 24, 2022.

The United States will target Russian banks and the defense industry as well as “actors in third countries who are trying to fill and circumvent our sanctions,” said Karine Jean-Pierre.

“We will also be announcing new economic, energy and military assistance to help Ukrainians continue to be successful in protecting populations from Russian aggression and to enable the Ukrainian state to provide basic services such as power and heating,” the White House spokeswoman added.