US Sanctions 130 Entities, Including Chinese, Turkish, and UAE Firms, for Russia Support
Chinese, Turkish, and UAE Firms Among 130 Sanctioned by US for Backing Russia
Targeting organizations in Turkey, China, and the United Arab Emirates to sabotage Moscow’s supply networks, the US Sanctions announced penalties on people and businesses on Thursday that it claimed were aiding and abetting Russia’s war against Ukraine.
According to the US Treasury Department, Russia has outsourced the production of technology, gear, and other essential military supplies, relying on outside vendors to get these things.
“Russia is dependent on willing third-country individuals and entities to resupply its military and perpetuate its heinous war against Ukraine and we will not hesitate to hold them accountable,” said Treasury Secretary Janet Yellen in a statement.
Russia’s invasion of Ukraine in February 2022 set off the biggest European battle since World War II.
Russia has been abusing “legitimate economic partnerships” with other countries, the Treasury said on Thursday.
According to reports, China, Turkey, and the United Arab Emirates have been providing Russia with dual-use goods, including essential parts that Moscow needs for its armaments.
The government disclosed that Berk Turken, a citizen of Turkey, is one of the individuals connected to a procurement network that has ties to Russian intelligence agencies. A network allegedly situated in the United Arab Emirates is also implicated in Russian illegal money.
Sanctions also applied to three Chinese firms, two of which the Treasury said had sold several cameras, electro-optical equipment, and related products to Russian companies, as well as one entity that supplied radar components to Russian companies.
The sanctions also target the domestic manufacturing sector in Russia because, according to the accusations, Moscow is now more concerned with “guaranteeing the war machinery’s self-sufficiency.” Sanctions also have an impact on the financial services industry; seven Russian banks are subject to limitations.
The US State Department also imposes approximately 100 penalties in addition to the Treasury Department. These restrictions concern a variety of topics, such as Russia’s potential income and energy production, the metals and mining sector, and defense acquisition.
The United States has frozen all the assets and property interests of persons or corporations that are sanctioned, and there are restrictions on interactions with these individuals. US authorities must also be notified of these transactions.
The Commerce Department said in a separate statement on Thursday that it had sanctioned 13 groups for providing Russia’s military with drones that they had acquired, developed, and disseminated. Twelve of these thirteen entities are in Russia, and one is in Uzbekistan. The Commerce Department claims that this rule effectively prevents them from lawfully acquiring goods that are subject to US jurisdiction.
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