US Unveils New Sanctions, Export Controls on Russia
The Biden administration announced June 12 it's taking additional measures to degrade Russia’s war machine, sanctioning more than 300 entities and people and imposing several significant export restrictions, including the addition of five entities and eight addresses to the Entity…
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List. The sanctions target Chinese companies that provide dual-use goods to Russia's defense industrial base, and foreign financial institutions that aid Russia's military. The export restrictions include a crackdown on diversion through shell companies.