On 31 March, the US Treasury announced expanded sanctions authorities to include aerospace, marine, and electronics sectors; and OFAC designated 21 entities and 13 individuals as part of its crackdown on the Kremlin’s sanctions evasion networks and technology companies, which are instrumental to the Russian Federation’s war machine. One of the technology companies designated today exports more than 50% of Russian microelectronics and is Russia’s largest chipmaker. In addition to the sanctions imposed on Russian actors, the US Treasury is also enhancing and expanding its Russia sanctions authorities. allows for sanctions to be imposed on any individual or entity determined to operate or have operated in any of the aerospace, marine, and electronics sectors and provides an expanded ability to swiftly impose additional economic costs on Russia for its war of choice in Ukraine.
https://home.treasury.gov/news/press-releases/jy0692
https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20220331
Any modest contributions for my time and ongoing expenses are welcomed! I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.com/KoIvM842y
raytodd.blog 