Washington, Nov. 14 (CNA) The U.S. Department of Treasury has expanded its list of companies, including a Taiwanese enterprise, and individuals facing possible sanctions for supplying or helping finance the sale of military technology to Russia for its war against Ukraine.
Taipei, Nov. 15 (CNA) The Taiwan-based company sanctioned by the United States for its alleged military tech sales to Russia is a one-man company operated by a Russian national, the Ministry of Economic Affairs (MOEA) said Tuesday.
Treasury Sanctions Global Russian Military Supply Chain, Kremlin-linked Networks, and Elites with Western Fortunes marketswired.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketswired.com Daily Mail and Mail on Sunday newspapers.
<p><span>Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), alongside the U.S. Department of State, sanctioned a transnational network procuring technology that supports the Russian military-industrial complex. OFAC also designated a global network of financial facilitators, enablers, and others associated with two key Kremlin-linked elites whose fortunes are intertwined with the West. In total, today’s actions designated 14 individuals and 28 entities, and identified eight aircraft as blocked property. </span></p>