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U.S. Slaps New Sanctions On 7 Russian Officials, 17 Companies Over Ukraine Crisis

U.S. Slaps New Sanctions On 7 Russian Officials, 17 Companies
U.S. President Barack Obama speaks about the deadly tornadoes that tore through several states before making a statement during a joint news conference with Philippine President Benigno Aquino III at Malacanang Palace in Manila, the Philippines, Monday, April 28, 2014. Obama is assuring Filipinos that a new security agreement doesn't mean the U.S. is trying to reestablish military bases in their country. The president says a deal signed Monday to give the U.S. military greater access to Philippine bases will help strengthen security in the region. He said it also will allow for a faster response to natural disasters. (AP Photo/Carolyn Kaster)
U.S. President Barack Obama speaks about the deadly tornadoes that tore through several states before making a statement during a joint news conference with Philippine President Benigno Aquino III at Malacanang Palace in Manila, the Philippines, Monday, April 28, 2014. Obama is assuring Filipinos that a new security agreement doesn't mean the U.S. is trying to reestablish military bases in their country. The president says a deal signed Monday to give the U.S. military greater access to Philippine bases will help strengthen security in the region. He said it also will allow for a faster response to natural disasters. (AP Photo/Carolyn Kaster)

MANILA, Philippines (AP) — The White House says the United States is sanctioning seven Russian government officials and 17 companies with links to Russian President Vladimir Putin's inner circle.

The White House says the penalties are being levied because Russia has failed to live up to commitments it agreed to under an international accord aimed at deescalating the crisis in Ukraine. And the White House says it is prepared to "impose still greater costs" if Russia continues its provocations in Ukraine.

In addition to the sanctions, the U.S. is revoking export licenses for high-technology items that it says could contribute to Russia's military capabilities.

The White House announced the sanctions while President Barack Obama is traveling in Asia.

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