US announces new sanctions against Russian and Belarusian companies
“In the coming days, the Commerce Department will also take further action to degrade Russia’s defense, aerospace, and maritime sectors by adding 120 entities in Russia and Belarus to the [sanctions] Entity List,” Kate Bedingfield, Director of White House Communications, said at a briefing.
As noted, being added to this list means that these entities can no longer get U.S. cutting-edge technology without a license, which will in most, if not all, of these cases be denied.
Thus, the number of Russian and Belarusian parties added to the sanctions list reached 200 since Russia’s full-scale invasion of Ukraine began.
As reported, on March 31, the United States imposed new sanctions on Russia over its invasion of Ukraine, targeting technology companies to prevent Russia from evading sanctions and buying critical Western technology.
Office of Foreign Assets Control ("OFAC") of the US Department of the Treasury sanctioned 13 individuals and 21 entities.
On February 24, Russian president Vladimir Putin started a full-scale invasion of Ukraine. Russian troops shell and destroy key infrastructure, massively fire on residential areas of Ukrainian cities, towns, and villages using artillery, MLRS, and ballistic missiles.
The European Union, the United States, and other countries have imposed strong sanctions on Russia as an aggressor state.
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