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US Imposes Sanctions on Military Procurement Network Aiding Russia


FILE - The US Treasury building is seen in Washington, May 4, 2021. On Nov. 14, 2022, the Treasury Department announced sanctions targeting Russia's military supply chain.
FILE - The US Treasury building is seen in Washington, May 4, 2021. On Nov. 14, 2022, the Treasury Department announced sanctions targeting Russia's military supply chain.

The United States on Monday targeted Russian military's supply chains, imposing sanctions on 14 individuals and 28 entities that it said were part of a transnational network that procures technology to support Moscow in its invasion of Ukraine.

The U.S. Treasury also designated family members of Russian oligarch Suleiman Kerimov, as well as individuals that it said worked as financial facilitators in Suleiman's network.

"The United States will continue to disrupt Russia's military supply chains and impose high costs on President Putin's enablers, as well as all those who support Russia's brutality against its neighbor," U.S. Secretary of State Antony Blinken said in a statement.

The U.S. Treasury blacklisted Milandr, a Russian microelectronics company that Washington says is part of Moscow's military research and development structure. It has also designated three entities tied to the company, and several company executives.

The U.S. Treasury has sanctioned major military industrial firms in Russia and the Commerce Department has cut off exports of American-made components and U.S. technologies that have been used in some of Russia's military hardware.

Russia has managed to procure drones from Iran that have been used to attack cities and power infrastructure in Ukraine. Iranian military entities and industries are already under heavy U.S. sanctions over Tehran's nuclear development program.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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