US Sanctions China and Russia's Suppliers Due to the War in Ukraine

Post by : Kanchan Chandel

Photo-AP

The United States has intensified its efforts to thwart Russia's military capabilities and support for its invasion of Ukraine by imposing fresh sanctions on entities in Russia, China, and other countries. The US Treasury Department unveiled a comprehensive package targeting nearly 300 entities accused of aiding Moscow in its war efforts. Treasury Secretary Janet Yellen emphasized the significant consequences awaiting companies providing material support to Russia's aggression. The sanctions aim to disrupt and degrade Russia's military industrial base and the networks facilitating its supply chain for weapons and equipment. This latest move follows President Joe Biden's signing of a bill to provide additional funding for Ukraine amidst its struggle against Russian advances. Yellen underscored the combined impact of US support for Ukraine and relentless targeting of Russia's military capacity in bolstering Ukraine's resistance on the battlefield.

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel

In addition to the Treasury's actions, the State Department blacklisted more individuals and companies involved in Moscow's energy, mining, and metals sectors. Notably, the sanctions also encompassed individuals linked to the death of Russian opposition leader Aleksey Navalny, who passed away while in a Siberian prison in February. Among the nearly 300 targets, numerous actors were identified for enabling Russia's acquisition of crucial technology and equipment from abroad. Countries like China, which have faced mounting pressure from the US over their support for Russia during the invasion, were specifically highlighted. The Treasury expressed concern over entities based in China and other third countries, stating that their support enables Russia to sustain its aggression against Ukraine, posing a significant threat to international security.

Aside from China, the targeted non-Russian entities hailed from various countries, including Azerbaijan, Belgium, Slovakia, Turkey, and the United Arab Emirates (UAE). These companies were accused of facilitating Russia's procurement of essential technology and equipment from overseas sources, further fueling its military capabilities. The US's actions reflect a concerted effort to curb Russia's aggression in Ukraine and hold accountable those complicit in enabling it.

#USsanctions #Russia #China #UkraineWar #TreasurySanctions #BidenAdministration #InternationalRelations #GlobalSecurity #Geopolitics #EconomicSanctions #breakingnews #worldnews #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn