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Russia's war against Ukraine sparked a counteroffensive, not just by Ukrainian forces defending their homeland.

Together, along with our allies, we are right now enforcing powerful economic sanctions. We're cutting off Russia's largest banks in the international financial system,

making Putin's $630 billion war fund worthless.

The US and its Western allies came at Russia with weapons from their economic arsenal.

They imposed sanctions targeting Vladimir Putin's government and the oligarchs and businesses

profiting from Russia's invasion of Ukraine.

In the two years since, the US, UK and EU have imposed thousands of individual sanctions

meant to hurt Russia's ability to wage war.

Imports of Russian goods from diamonds to coal were banned.

Some $300 billion in assets that the Russian Central Bank held overseas were frozen.

And wealthy oligarchs have had their private jets and yachts seized.

Tonight, the UK seizing a nearly $50 million super yacht owned by a Russian businessman tied to Putin. But while the West has been united in its condemnation of Russia, its new sanctions regime has not been bulletproof.

And that's because much of the world refuses to enforce Western sanctions.

Armenia, Kazakhstan and Kyrgyzstan, for example, have all been importing more from Europe

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