teensexonline.com
22.1 C
Jammu
Wednesday, November 27, 2024
HomeFeatured StoriesUS issues hundreds of sanctions targeting Russia, takes aim at Chinese companies

US issues hundreds of sanctions targeting Russia, takes aim at Chinese companies

Date:

Related stories

Digital Life Certificate crosses one crore mark during ongoing campaign

Minister of State for Personnel, Public Grievances, and Pensions...

EAM holds bilateral with US Secretary of State Antony Blinken

 External Affairs Minister S Jaishankar held a bilateral meeting...

Israel, Hezbollah agree on ceasefire in Lebanon

After months of skirmishes and thousands of casualties, Israel...

The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow’s circumvention of Western measures, including through China.

The U.S. Treasury Department imposed sanctions on nearly 200 targets and the State Department designated more than 80 in one of the most wide-ranging actions against Chinese companies so far in Washington’s sanctions aimed at Russia.

The U.S. imposed sanctions on 20 companies based in China and Hong Kong, following repeated warnings from Washington about China’s support for Russia’s military, including during recent trips by Treasury Secretary Janet Yellen and U.S. Secretary of State Antony Blinken to the country.

China’s support for Russia is one of the many issues threatening to sour the recent improvement in relations between the world’s biggest economies.

“Treasury has consistently warned that companies will face significant consequences for providing material support for Russia’s war, and the U.S. is imposing them today on almost 300 targets,” Yellen said in a statement.

Russia’s and China’s embassies in Washington did not immediately respond to requests for comment.

The United States and its allies have imposed sanctions on thousands of targets since Russia invaded neighboring Ukraine. The war has seen tens of thousands killed and cities destroyed.

Washington has since sought to crack down on evasion of the Western measures, including by issuing sanctions on firms in China, Turkey and the United Arab Emirates.

Treasury’s action on Wednesday sanctioned nearly 60 targets located in Azerbaijan, Belgium, China, Russia, Turkey, the United Arab Emirates and Slovakia it accused of enabling Russia to “acquire desperately-needed technology and equipment from abroad.”

The move included measures against a China-based company Treasury said exported items for the production of drones – such as propellers, engines and sensors – to a company in Russia. Other China and Hong Kong-based technology suppliers were also targeted.

The State Department also imposed sanctions on four China-based companies it accused of supporting Russia’s defense industrial base, including by shipping critical items to entities under U.S. sanctions in Russia, as well as companies in Turkey, Kyrgyzstan and Malaysia that it accused of shipping high priority items to Russia.

Latest stories