Companies from China, Switzerland, Thailand, and
Turkiye have also been slapped with sanctions for supplying Russia with
advanced technology and equipment that it desperately needs to support its war
machine, the Department of Treasury said in a statement on Thursday31 Oct. In addition to disrupting global evasion
networks, this action also targets domestic Russian importers and producers of
key inputs and other material for Russia’s military-industrial base, the
statement said.
The Department of Treasur list showing that, the
India-based companies are Abhar Technologies and Services Private Limited;
Denvas Services Private Limited; Emsystech; Galaxy Bearings Ltd; Orbit Fintrade
LLP; Innovio Ventures; KDG Engineering Private Limited; and Khushbu Honing
Private Limited.
In addition to disrupting global evasion
networks, this action also targets domestic Russian importers and producers of
key inputs and other material for Russia’s military-industrial base, the
statement said.
The United States and our allies will continue
to take decisive action across the globe to stop the flow of critical tools and
technologies that Russia needs to wage its illegal and immoral war against
Ukraine, Deputy Secretary of the Treasury Wally Adeyemo said. As evidenced by today’s action, we are
unyielding in our resolve to diminish and degrade Russia’s ability to equip its
war machine and stop those seeking to aid their efforts through circumvention
or evasion of our sanctions and export controls, Adeyemo said.
The State Department has also targeted sanctions
evasion and circumvention in multiple third countries, including several
China-based companies exporting dual-use goods that fill critical gaps in
Russia’s military-industrial base and entities and individuals in Belarus
related to the Lukashenka regime’s support for Russia’s defence industry, the
statement said.
The US also targeted several senior Russian
Ministry of Defence officials and defence companies and those supporting
Russia’s future energy production and exports.
On Wednesday, the US had imposed sanctions on
nearly 400 entities and individuals for enabling Russia’s illegal war against
Ukraine. “The Department of State is targeting sanctions circumvention by
parties in multiple third countries, several senior Russian Ministry of Defence
officials and defence companies, and those that support the development of
Russia’s future energy production and exports,” Secretary of State Antony
Blinken had said in a statement on Wednesday.
The US, he said, is imposing sanctions on several Chinese companies
exporting dual-use goods that fill critical gaps in Russia’s
military-industrial base as well as entities and individuals connected to the
Lukashenka regime’s support for Russia’s defence industry.