US expands sanctions against Russia
The new measures target companies in countries such as China in a bid to “discourage” trade with Moscow | The US Departments of State and Treasury on Wednesday sanctioned 300 additional individuals and entities in Russia and elsewhere, which it accuses of having links to Moscow’s “war economy.” ● According to the Treasury Department, the latest measures target individuals and companies suspected of enabling Moscow to evade the Western embargo. [...] Wednesday’s measures target more than $100 million in trade between Russia and its foreign partners. Companies and individuals in China, Kyrgyzstan, and Türkiye made the sanctions list, with the US going after targets in east and central Asia, Africa, the Middle East, and the Caribbean, the Treasury Department claims. [...] The two departments have issued a new interpretation of existing executive orders that prohibit US citizens from providing anyone in Russia with “IT consultancy and design services,” as well as “IT support services and cloud-based services for enterprise management software and design and manufacturing software.”
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