America’s ban extended to 15 countries on Wednesday. He banned 398 companies from these countries. America says that these companies helped Russia during the Russia-Ukraine war. The companies banned by America include companies from India, Russia and China.
A statement issued by the American side said that these 398 companies provided such products and services to Russia, which was embroiled in the war with Ukraine, which helped its war efforts. The US Finance and Foreign Departments took joint action in this matter and banned these companies.
Action to punish Russia’s helpers
America says that the purpose of this joint action is to punish those third party countries that worked to help Russia and also to avoid them violating the sanctions imposed on Russia by Western countries due to the Russia-Ukraine war. Helped Russia.
See also: What is special call auction? Due to which Rs 3 share became the most expensive stock in the country.
Russia attacked Ukraine in February 2022. After this, many western countries led by America had imposed various types of economic sanctions on Russia. These economic sanctions have been imposed on Russia since then.
Banned companies delivered these products and services
Of the 398 companies that the US Finance Department has sanctioned that are indirectly linked to Russia’s supporting countries, 274 companies are accused of providing advanced technology to Russia. This also includes Russia-based defense and manufacturing companies. These companies work to improve the weapons and related tools that were used in the war against Ukraine.
Apart from this, the US State Department has also imposed diplomatic sanctions on several senior officials of the Russian Defense Ministry and a group of defense companies and China-based companies. These companies are involved in the export of dual-use defense products.
Also see: How Sivakasi became the capital of firecrackers, once there was a business of Rs 6,000 crore here
Complete information about which company and how many companies of which country have been banned has not been revealed yet.
