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Translated by: Himalaya NZ Translation Team – Lisa0527

It was reported on June 28th that the US Biden administration said on Tuesday it added 36 companies to a trade blacklist after Russia’s invasion of Ukraine and accused five companies from the Communist China of still giving support to Russia’s military and defense industrial base.

The targets also include companies from Russia, the United Arab Emirates, Lithuania, Pakistan, Singapore, the United Kingdom, Uzbekistan and Vietnam, according to the Federal Register entry.

“This action sends a strong signal to entities and individuals across the globe that if they try to support Russia, the United States will also cut them off as well.” Under Secretary of Commerce for Industry and Security Alan Estevez said in a statement.

The U.S. has joined with allies to punish Russia for President Putin’s invasion of Ukraine on Feb. 24, sanctioning a raft of Russian companies and oligarchs, and adding others to a trade blacklist. Moscow has called it a special military operation.

While U.S. officials have previously confirmed that the Chinese Communist Party’s companies have generally complied with the restrictions, the U.S. government has vowed to closely monitor compliance and strictly enforce the regulations.

“The U.S. will not hesitate to take action if any party violates U.S. law, no matter where they are located,” Assistant Secretary of Commerce for Export Administration Thea Rozman Kendler said in the same statement.

Reference link:https://gnews.org/post/pf4xf7a8

Edited and Proofread by: Summerfire

Posted by: Summerfire

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