U.S. Sanctions Target Over 400 Entities for Supporting Russia's War Effort
The United States imposed sanctions on over 400 entities and individuals for aiding Russia's war in Ukraine. This includes targeting Chinese companies helping Russia evade sanctions. The measures aim to obstruct Russia's access to military technologies and disrupt its financial and energy sectors.
The United States, on Friday, imposed sanctions on over 400 entities and individuals supporting Russia's war effort in Ukraine. The list includes Chinese firms that U.S. officials believe are aiding Moscow in circumventing Western sanctions and bolstering its military capabilities.
Among the targeted entities are companies in China involved in shipping machine tools and microelectronics to Russia, as well as transnational networks procuring ammunition for Moscow. The U.S. Treasury Department highlighted its aim to cripple Russia's military-industrial supply chain.
Additionally, the Biden administration added 123 entities to its export control list, requiring suppliers to obtain licenses before shipping to these firms. Ukrainian President Volodymyr Zelenskiy expressed gratitude for the sanctions, stating they weaken Russia's aggressive war efforts in Ukraine.
(With inputs from agencies.)
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