US Department of Commerce sanctions 37 companies in the world

The US Department of Commerce has imposed sanctions against 37 companies from different countries, according to documents published March 2 in the Federal Register.

“This list contains entities that have reasonable grounds to believe that they are engaged in activities contrary to the interests of national security or US foreign policy,” the statement said.

According to the document, 28 companies from China, four from Pakistan, three from Myanmar fell under the restrictions. The restrictions will also affect one company each from Russia, Belarus and Taiwan.

The day before, Reuters reported that the United States is trying to find out whether its allies are ready to impose sanctions on China if it provides assistance to Russia in connection with a special operation to protect the Donbass. Consultations are at a preliminary stage and are primarily conducted with the G7 countries. At the same time, it is not specified what kind of possible sanctions we can talk about.

On February 24, the US Treasury expanded sanctions against Russia, including by imposing export restrictions. The restrictions are directed against the metallurgical and mining sectors of the Russian economy, as well as against 22 individuals and 83 legal entities. The new sanctions list includes more than 30 individuals and companies from third countries that allegedly help Moscow avoid the effects of restrictions, Washington noted.

In turn, the US Department of Commerce imposed export restrictions on 76 Russian enterprises. Also, a separate list, the agency introduced restrictions against 10 organizations from China, France, Luxembourg, the Netherlands and Russia.

On February 21, Russian President Vladimir Putin, during his message to the Federal Assembly, said that, despite the sanctions pressure from the West, the Russian Federation managed to enter a completely new round of economic development. According to the president, the West failed to achieve its main goal – the attempt to make the Russians suffer failed.

Western states have stepped up sanctions pressure on the Russian Federation against the backdrop of a special operation to protect the population of Donbass. The decision was made by the President of the Russian Federation against the background of the aggravation of the situation in the region due to Ukrainian shelling.

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