U.S. sanctioned 2 Montreal companies for supporting Russian 'war effort' | CBC News

  • 📰 CBCNews
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 99%

Business News News

Business Business Latest News,Business Business Headlines

Two Montreal-based electronics distributors were listed for 'acting contrary to the national security or foreign policy interests of the United States.' They're now subject to U.S. export restrictions.

A destroyed Russian tank stands across the road from a church in the Ukrainian town of Sviatohirsk on Jan. 6. Given the sanctions against Russia, electronics wholesalers and distributors worldwide are under increasing scrutiny.

CPUNTO Inc. and Electronic Network Inc. were listed for "acting contrary to the national security or foreign policy interests of the United States." They're now subject to U.S. export restrictions, effectively cutting off their access to certain goods unless the companies obtain a specific licence from U.S. authorities.

U.S. officials have become increasingly serious about monitoring trade, including not only direct shipments in and out of the U.S. but goods that are "trans-shipped" — passing through one or more third-party countries on the way to their eventual destination.While most of the entities added by the U.S. on Feb. 24 are from Russia, five are from China, and three were based in the European Union, as well as the two Canadian firms. The U.S.

A week after the inquiry was first made, spokesperson Maria Ladouceur explained that the CBSA's Counter Proliferation Operations Section now has officers from the U.S. Bureau of Industry and Security virtually embedded alongside its front-line officers responsible for inspecting incoming and outgoing shipments.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They got caught! Now they will pay the consequences!

This is what we’d expect if we were not a sovereign nation, but a client state of the USA Are we a client state of the USA?

😂😂😂

America is not our friends they our our neighbours, the US will stab Canada in the back in a second if they don’t get their own way, how far is Canada going to bend over and take it up the ___!

What are the ties these companies have to the Liberals and Trudope?

total and complete trade embargo on russia is in order

LOLLL

Disgusting Ukrainian and USA efforts trying to control and colonize those who don't march along with their disgusting ways. Thank god Russia is destroying its efforts in Ukraine.

Yesterday : 'We are growing increasingly worried about Canadian sovereignty being threatened by foreign states' Today : 'The US is entirely justified in sanctioning companies on Canadian soil, and we wholeheartedly support this threat to our sovereignty' Bunch of clowns...

It’s allowed under Trudeau law. Quebecs special status, don’t the Americans understand?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines