World

The US warned 20 companies because of the flow of goods to Russia

Mar 29, 2024

Washington [US], March 29: Washington is asking US companies to stop shipping goods to more than 600 foreign partners because of concerns that these items may be transferred to Russia, Reuters reported on March 29.
A US Commerce Department official said that in recent weeks, the US has sent letters to at least 20 companies with warnings. This move is believed to be the latest effort to hinder Russia's military operations in Ukraine.
The above companies produce and sell equipment found in missiles and drones recovered in Ukraine.
Since Russia carried out a special military operation in Ukraine in 2022, the US and more than 30 other countries have applied a series of sanctions to maximally reduce Russia's ability to deploy military operations. Russia.
However, many reports show that American components and equipment still appear in Russian equipment on the battlefield in Ukraine.
At the Department's annual export control conference in Washington, DC (USA), US Assistant Secretary of Commerce Matthew Axelrod said: "Over the past few weeks, we have sent letters to more than 20 US companies, each The company contains a list of more than 600 foreign partners. In the letter, the US asked American companies to voluntarily stop shipping goods to these companies due to the very high risk of transferring goods to Russia."
Mr. Axelrod said senior US officials at the Department of Commerce, State and Treasury have also contacted senior leaders of US companies to discuss their next steps. can be done to prevent their products from entering the Russian market.
Source: Thanh Nien Newspaper

More news

AU NOMO Credit Card: A Smart Way to Leverage Fixed Deposits

Ahmedabad (Gujarat) [India], December 26: AU Small Finance Bank (AU SFB) has unveiled its latest offering, the AU NOMO Credit Card, a groundbreaking financial product that allows individuals to access credit while still growing their savings. This innovative credit card leverages the power of Fixed Deposits (FDs) as collateral, providing cardholders with enhanced purchasing power without compromising their long-term savings goals.

Dec 26, 2024