US issues hundreds of sanctions targeting Russia, takes aim at Chinese companies

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 59%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

WASHINGTON — The United States on Wednesday (May 1) issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow's circumvention of Western measures, including through China.

Local residents look at damage at a site of a Russian missile strike, amid Russia's attack on Ukraine, in Kharkiv, Ukraine April 30, 2024.WASHINGTON — The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow's circumvention of Western measures, including through China.

China's support for Russia is one of the many issues threatening to sour the recent improvement in relations between the world's biggest economies. Treasury's action on Wednesday sanctioned nearly 60 targets located in Azerbaijan, Belgium, China, Russia, Turkey, the United Arab Emirates and Slovakia it accused of enabling Russia to "acquire desperately-needed technology and equipment from abroad."

"The concern about entities in the PRC supplying Russia's war is in focus at the highest levels of the Department and the administration. The reason is very simple: the PRC is the leading supplier of critical components for Russia's defence industrial base, and Russia is using them to prosecute its war on Ukraine," a senior State Department official said.

It designated two vessel operators involved in transporting technology including gravity based structure equipment, or concrete legs that support offshore platforms, for Russia's Arctic LNG 2 project. Washington also imposed sanctions on Russian air carrier Pobeda, a subsidiary of Russian airline Aeroflot.

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:

 /  🏆 10. in SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines