Bloomberg: US imposes sanctions on network that supports russia’s military machine
Bloomberg reported on new U.S. sanctions targeting individuals and companies that assist russia in circumventing existing restrictions.
The main points of the article:
▫️ The United States has imposed sanctions on nearly 400 individuals and companies from India, China, Turkey, and other countries that have helped support russia’s military efforts through the supply of critical materials.
▫️ These measures are intended, in part, to warn countries outside the United States and russia about the risks of doing business with the kremlin.
▫️ The sanctions targeted a pharmaceutical company from India, accused of sending US -trademarked technology, such as servers for artificial intelligence and machine learning, to russia.
▫️ The restrictions also apply to more than two dozen Chinese companies that have been supplying components and microelectronics for the russian defense industry.
▫️ The sanctions list includes several Swiss lawyers who provide legal cover to circumvent the restrictions.
Earlier, the Center reported on Turkey’s ban on exports of Western military goods to russia.