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Jagat Jamadar has been prosecuted by the US State Department for allegedly supporting Russian military and industrial bases. Therefore, 275 individuals and organizations have been banned. 15 Indian companies are also included in this. In a statement given by the US Treasury Department on Thursday, it was said that companies of China, Switzerland and Turkey have also been banned from providing advanced technology and parts to Russia. Which war can use its war machine?
This action was taken to disrupt the global tax evasion network. It also targets domestic Russian importers and producers of inputs and other materials critical to Russia's military-industrial base, the department said in a statement.
“The United States and our allies around the world continue to take decisive action that stops the flow of critical equipment and technology to Russia needed to wage an illegal and immoral war against Ukraine,” said Deputy Secretary of the Treasury Wally Adamo. “We will punish those who seek to undermine the capabilities of Russia’s war machine and assist them in their efforts to circumvent our sanctions and export controls.”
The State Department also targeted sanctions violations and evasion in several third countries, including several China-based companies that export dual-use goods that harm Russia's military-industrial base, the statement said. Contributes, encourages and prosecutes organizations and individuals in Belarus that were related to the Lukashenka regime's support of Russia's defense industry.
The US has also targeted several senior Russian Defense Ministry officials and defense companies that support Russia's future energy production and exports.
Ban imposed on these Indian companies
According to the list released by the US Treasury Department, Indian companies are also included in it. These companies are Abhaar Technologies and Services Pvt Ltd, Danavas Services Pvt Ltd, Amsystec, Galaxy Bearings Ltd, Orbit Fintrade LLP, Inovio Ventures, KDG Engineering Pvt Ltd and Khushboo Honing Pvt Ltd.
Apart from this, Indian companies like Lokesh Machines Limited, Pointer Electronics, RRG Engineering Technology Private Limited, Sharpline Automation Private Limited, Shaurya Aeronautics Private Limited, Shreeji Impex Private Limited and Shreya Life Sciences Private Limited are also involved in Ukraine, which has waged illegal war against Russia. To enable sanctions to be imposed on approximately 400 entities and individuals.
Secretary of State Anthony Blinken said in a statement on Friday, “The State Department is responding to sanctions by third-country parties, a number of senior Russian Defense Ministry officials, and defense companies and those that support Russia's future development, energy production and exports.” Is giving.”
The US is imposing sanctions on a number of Chinese companies exporting dual-use goods that fill critical gaps in Russia's military-industrial base, he said, as well as entities linked to the Lukashenko regime's support for Russia's defense industry and Restrictions are also being imposed on individuals.