US cracks down on Russia sanctions evasion in fresh action

 

The United States on Wednesday imposed curbs on hundreds of targets in fresh action against Russia, taking aim at sanctions circumvention in a signal that the U.S. is committed to countering evasion, Paralel.Az reports citing Reuters.

The action, taken by the U.S. Treasury and State departments, imposed sanctions on nearly 400 entities and individuals from over a dozen different countries, according to statements from the Treasury and State departments.

The action was the most concerted push so far against third country evasion, a State Department official told Reuters. It included sanctions on dozens of Chinese, Hong Kong and Indian companies, the most from those countries to be hit in one package so far, according to the official.

Also hit with sanctions were targets in Russia, the United Arab Emirates, Türkiye, Thailand, Malaysia, Switzerland and elsewhere.

The action comes as Washington has sought to curb Russia's evasion of the sanctions imposed after its 2022 invasion of Ukraine, which has killed or wounded thousands and reduced cities to rubble.

The U.S. has repeatedly warned against supplying Russia with Common High Priority Items - advanced components including microelectronics deemed by the U.S. and European Union as likely to be used for Russia's war in Ukraine.

"This should send a serious message to both the governments and the private sectors of these countries that the U.S. government is committed to countering the evasion of our sanctions against Russia and to continue putting pressure on Russia to end its war in Ukraine," the official, speaking on condition of anonymity, said.

The U.S. Treasury Department imposed sanctions on 274 targets, while the State Department designated more than 120 and the Commerce Department added 40 companies and research institutions to a trade restriction list over their alleged support of the Russian military.

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