look news india
USA ban on company news: America has banned 398 companies from more than 12 countries including India, China, Russia for helping Russia in the war against Ukraine. These sanctions have been imposed by the US Treasury and State Department.
America has imposed sanctions on these companies to punish them for helping Russia. The Treasury Department has accused 274 companies of providing advanced technology to Russia.
In addition, the US State Department has imposed diplomatic sanctions on Russian Defense Ministry officials. In addition, the US State Department has banned Chinese defense companies from exporting to Russia. Wally Adeyemo, Deputy Secretary of the United States Treasury Department, has said that the United States and its allies have decided to cut off aid from other countries to Russia in the war against Ukraine.
It is noteworthy that ever since Russia started the war against Ukraine, America has imposed thousands of sanctions against Russian companies and the companies of other countries that supply them.
However, the Biden administration recently said that imposing sanctions alone would not end Russia's war on Ukraine. Some experts believe that the sanctions imposed by the US are not strong enough to force Russia to stop fighting.