The United States has taken action against those who allegedly support Russia’s military-industrial base. As a result, sanctions have been imposed on 275 people and institutions. These include 15 Indian companies. The Treasury Department said in a statement Thursday that sanctions were also imposed on companies from China, Switzerland, Thailand and Turkey for supplying Russia with advanced technology and equipment that Russia desperately needs to support its war machine.
In addition to disrupting global tax evasion networks, the action also targets Russian importers and producers of inputs and other materials critical to Russia’s military-industrial base, the department said in a statement.
“The United States and our allies around the world continue to take decisive action to stop the flow of critical equipment and technologies that Russia needs to wage its illegal and immoral war against Ukraine,” Treasury Undersecretary Wally Adamo said in the action. today. “Make it clear that we will punish those who seek to undermine and degrade Russia’s ability to equip its war machine and assist them in their efforts to circumvent or circumvent our sanctions and export controls. We are steadfast in our determination to stop it.”
The State Department also targeted sanctions violations and circumvention in several third countries, including several China-based companies that export dual-use products that harm Russia’s military-industrial base, according to the statement. related to support for the Russian defense industry by the Lukashenka regime.
The United States also targeted several senior Russian Defense Ministry officials and defense companies that support Russia’s future energy production and exports.
Ban on these Indian companies
According to the list released by the Treasury Department, Indian companies are also included in them. These companies are: Abhar Technologies and Services Private Limited, Danavas Services Private Limited, Amsystec, Galaxy Bearings Limited, Orbit Fintrade LLP, Inovio Ventures, KDG Engineering Private Limited and Khushboo Honing Private Limited.
Apart from this, Indian companies like Lokesh Machines Limited, Pointer Electronics, RRG Engineering Technologies Private Limited, Sharpline Automation Private Limited, Shaurya Aeronautics Private Limited, Shreeji Impex Private Limited and Shreya Life Sciences Private Limited are also included.
Let us tell you that on Wednesday the United States imposed sanctions on some 400 institutions and individuals for allowing Russia’s illegal war against Ukraine.
Secretary of State Antony Blinken said in a statement on Wednesday: “The State Department is responding to sanctions imposed by parties from several third countries, several senior officials of the Russian Defense Ministry and defense companies, and those who support the development of Russia’s future energy production and export.” “With the aim of being marginalized.”
He said the United States was imposing sanctions on a number of Chinese companies that export dual-use goods that fill critical gaps in Russia’s military-industrial base, as well as entities and individuals linked to the Lukashenka regime’s support for the defense industry. Russian.
