On 15 December, The Hindu caried an article reporting that the US has imposed sanctions on NATO-ally Turkey for its purchase of Russia’s S-400 missile defence system, under section 231 of the Countering America’s Adversaries Through Sanctions Act (CAATSA). Sanctions were imposed on Turkey’s main defence procurement agency the Presidency of Defense Industries (SSB) and comprise of a ban on granting specific US export licences and authorisations for any goods or technology, a ban on loans or credits by US financial institutions totalling more than $10 million in any 12-month period, a ban on US Export-Import Bank assistance for exports and mandated US opposition to loans by international financial organisations to SSB. The sanctions include full blocking sanctions and visa restrictions on SSB president Ismail Demir and other officials.
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