US preparing new efforts to crack down on sanctions evasion by Russia

The US is preparing new efforts to crack down on sanctions evasion by Russia, President Joe Biden's national security adviser said, Report informs referring to Reuters.

"Where our focus will be over the course of the coming days is on evasion," national security adviser Jake Sullivan said in an interview at the Economic Club of Washington.

"I think we'll have some announcements in the next week or two that identify targets that are trying to facilitate that evasion both inside Russia and beyond," he said, without giving details on the coming plans.

But Sullivan did say that Washington has no desire to give back yachts and other assets seized from people they see as oligarchs with ties to Putin.

"The president is actively looking at how we can deal with the fact that as we seize these assets, our goal is not to give them back," he said.

"Our goal is to put them to a better use than that. But I'll be careful in what I say today because there's an ongoing - kind of - policy process around how we end up dealing with that question. But rest assured that the goal is not just to sit on them for a while and then pass them all back."