12 Dec 2023 22:11

U.S. sanctions over 150 people, entities for supporting Russian defense industry

WASHINGTON. Dec 12 (Interfax) - The United States has imposed sanctions on more than 150 individuals and legal entities from Russia and other countries for their role in the development of Russia's defense industry, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) said in a statement.

Among the newly blacklisted entities are Izhevsk Electromechanical Plant Kupol JSC, Plaz LLC, Aerokon JSC, Laggar Pro LLC, and TSK Vector LLC. Six more companies, including 75 Arsenal JSC, which are linked to material and technical support for the defense industry have also been sanctioned.

Sanctions have been imposed on more than 75 mining companies and seven tech firms, including Azimut Fotonics, Nissa Digispace, Picaso 3D, and two aerospace companies: Aviateksim LLC and Uralhelicom LLC.

The latest additions also cover eight transport companies, including Cargo Service Center and ITB Logistika; ten electronics companies, including Promtech-Dubna JSC and Mordovia Radio Electronic Company; and City PJSC and Spectrum LLC.

The U.S. also supplemented their lists of sanctions on Russia with individuals and companies from third countries. "Treasury continues to take action to identify and disrupt third-country individuals, entities, and networks that facilitate, arrange, and enable the transfer of key technology, equipment, and inputs to Russian military-industrial base end-users," the statement said.

As part of efforts to counter such supplies, Washington has imposed sanctions against four entities and nine individuals in Russia, Pakistan and China, who in the opinion of the U.S. are involved in "procurement of Chinese-manufactured weapons and technologies to Russia." Among such companies are Jarvis Limited, based in China, and Technology 5, a Russian company.

Other sanctioned companies include the China-based Beijing Yunze Technology Co., Ltd. and Chang Guang Satellite Technology Co., which work in the field of commercial satellite imaging.

In addition, the sanctions hit Turkish companies which Washington claims are supplying Russia with "high priority items to Russia-based manufacturers." The companies in question are Bosfor Avrasya, Egetir Otomotiv and Globus Turkey, among others.

Sanctions have also been imposed on UAE-based entities, which according to the Treasury's data have been supplying Russia with aircraft parts and equipment, as well as electronic and metal-cutting equipment. Among them are AMC Service FZE, Griffon FZC and Aspect DWC LLC.

Also on the list of sanctioned companies is Tamestone, a Swiss exporter of electronics. Tamestone has served as a supplier for a Russian company called Streloy E-commerce, which restrictive measures have also been taken against.

The sanctions list also features Micro Electronics, a Singaporean developer of electronics.

The U.S. has also sanctioned Intermodal Maldives, based in the Maldives, which the Treasury claims has supplied Russian companies with spare parts for aviation, car components, and cellulose fiber. The sanctions have affected Weitmann, a company based in Kyrgyzstan, and one in Tajikistan, Kafolati Komil.

The sanctions involve blocking all of the U.S.-based property and interests in property of the blacklisted persons, and this applies to such property owned or controlled by U.S. citizens, the Treasury statement says. Furthermore, any legal entity which is 50% or more owned, directly or indirectly, by one or several sanctioned persons will also be blocked. Without special permission from the authorities, the OFAC prohibits commercial operations on U.S. territory that involve the property of the sanctioned persons, while an analogous ban on operations also applies to U.S. citizens.