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New sanctions were introduced against the Russian military-industrial complex

Photo: atr.ua

The sanctions are aimed at stopping the activities of individuals, legal entities and networks in third countries that facilitate the sale of key technologies, equipment and resources for Russia’s military-industrial base.

Today, December 12, the US Department of the Treasury announced sanctions against more than 150 individuals and legal entities involved in strengthening the Russian military-industrial complex and Russia’s evasion of sanctions restrictions.

The sanctions are aimed at stopping the activities of individuals, legal entities and networks in third countries that facilitate the sale of key technologies, equipment and resources for Russia’s military-industrial base.

The sanctions list includes dozens of companies in Turkey, the United Arab Emirates, China, Switzerland, Singapore, Kyrgyzstan, Tajikistan and the Maldives.

Another round of US sanctions targets Russian companies that manufacture, modify and sell defense and industrial technologies, drones, engines, parts, materials and components.

The US Treasury has also imposed sanctions on Russian banks Expobank And metallurgist, investment company United Investment Group and financial institutions Signal Invest – they allowed the Russian Federation to maintain contact with the international financial system.

Sanctions were also introduced against more than 100 legal entities and individuals, including those evading sanctions in third countries, involved in assisting Russia in waging war against Ukraine and responsible for strengthening capacities for in the production and export of energy resources.

It was previously reported that from January 31, 2024, the largest crypto exchange, Binance, will no longer support transactions in the Russian ruble.

The G7 countries confirmed sanctions against diamonds from the Russian Federation
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Source: korrespondent

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