US places export restrictions on 93 entities from Russia, China, UAE, Turkey, others
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE Biden administration has imposed new trade restrictions on 93 entities from Russia, China, Turkey, the United Arab Emirates, Kyrgyzstan, India and South Korea for supporting Russia’s war effort in Ukraine, according to a federal government notice posted online on Friday (Feb 23).
The action, one day before the second anniversary of Russia’s invasion of Ukraine, means companies will be placed on the Commerce Department’s “Entity List,” essentially banning US shipments to them.
Of the new entities listed, 63 were from Russia, 16 from Turkey, eight from China and four from the UAE.
The move is one element of the latest round of sanctions and export controls by the US, partners and allies in response to Russia’s ongoing war in Ukraine, which began on Feb 24, 2022.
The US also announced it would impose other sanctions on over 500 targets over the war and the death of Russian opposition leader Alexei Navalny.
Earlier this week, the European Union approved a 13th package of Ukraine-related sanctions against Russia, banning nearly 200 entities and individuals accused of helping Moscow procure weapons or of involvement in kidnapping Ukrainian children. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus