Page 3 - Us Sanctions

US expands Russia sanctions, targets chips sent via China amid Ukraine war

Separately, the Commerce Department said it was targeting shell companies in Hong Kong for diverting semiconductors to Russia

US slaps sanctions on Hong Kong, UAE firms for Russian-origin gold deals

Russia is the world's second-largest gold miner after China

US Treasury official visits Ukraine to discuss sanctions on Russia

A senior US Treasury official is in Kyiv this week to talk with government officials about US financial support for Ukraine, efforts to tighten sanctions on Russia and plans to use immobilized Russian sovereign assets for the benefit of Ukraine as it fends off Russian forces. Deputy Secretary Wally Adeyemo's trip comes as Russia gains territory on the battlefield after an especially lengthy delay in US military aid left Ukraine at the mercy of Russia's bigger army and as the outlook for Ukraine's state finances is on shakier ground. Adeyemo is set to meet with officials in Ukraine's finance ministry and president's office. He's also planning a stop at the Kyiv School of Economics to speak with faculty and civil society groups working on sanctions policy and ways to make sanctions on Russia more effective. President Joe Biden signed legislation in April that allows the administration to seize the roughly USD5 billion in Russian state assets located in the US. However, a majority of t

Yellen urges German banks to boost compliance with US sanctions on Russia

"Russia continues to procure sensitive goods and to expand its ability to domestically manufacture these goods. We must remain vigilant and be more ambitious," Yellen said

India's Russian oil imports rise to 9-mth high in April as shipments resume

India, the world's third-biggest oil importer and consumer, is the top client for Russian seaborne oil

India-Iran Chabahar deal: How Jaishankar responded to US sanctions warning

After India and Iran signed a long-term deal for running the Chabahar port, the US warned that any country having business dealings with Tehran ran the 'potential risk of sanctions'

US Treasury imposes sanctions after aborted sale of Russian tycoon stake

Treasury will continue to take action to ... stop evasion by the Kremlin and its oligarch enablers, said US Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson

New tariff walls

US tariffs will further increase trade friction

Chabahar: Once exempt from US sanctions, why the port is again under threat

India and Iran have signed a long-term contract for the operation of the Shahid Beheshti Port terminal at Chabahar in Iran

India-Iran Chabahar port deal: US State Dept warns of potential sanctions

Any entity, anyone considering business deals with Iran, they need to be aware of the potential risk they are opening themselves up to, potential risk of sanctions, US State department said

Here's how Western sanctions are strangling Russia's Arctic gas ambitions

Russia has long sought to increase its share of the global LNG market, but the war and the subsequent sharp drop in overland exports to Europe have reinforced the importance of these ambitions

Serbia lawmakers elect new govt with pro-Russia ministers sanctioned by US

Serbian lawmakers on Thursday voted into office a new government that reinstated two pro-Russia officials who are sanctioned by the United States, reflecting persistent close ties with Moscow despite the Balkan nation's proclaimed bid to join the European Union. Prime Minister Milo Vucevic's government got backing in a 152-61 vote in the 250-member parliament. The remaining 37 lawmakers were absent. The government includes former intelligence chief Aleksandar Vulin, who has made several visits to Russia in recent months, as one of several vice-premiers, along with Nenad Popovic, another Russia supporter who has faced US sanctions. The foreign minister in the previous government, Ivica Dacic, also a pro-Russia politician, will be in charge of the Interior Ministry in the new Cabinet. The vote followed a heated two-day debate. President Aleksandar Vucic's ruling nationalist conservative Serbian Progressive Party holds a comfortable majority after an election in December that fueled .

China firms go 'underground' on Russia payments as banks pull back

The US has imposed an array of sanctions on Russia and Russian entities since the country invaded Ukraine in 2022

'Holds & blocks' in UNSC Sanctions Committees are disguised vetoes: Kamboj

In a veiled jibe at China, India has said that the "holds" placed on proposals in the UNSC sanctions committees are disguised vetoes on matters such as listing Pakistan-based global terrorists where some Council members will not take any responsibility. The working methods of anybody must respond to the challenges confronted by it. And the United Nations Security Council's record in measuring up to the mounting challenges has been abysmal, to say the least, India's Permanent Representative to the UN Ambassador Ruchira Kamboj said on Tuesday. Speaking in the UN General Assembly on the Second Anniversary of the unanimous adoption by UNGA of the Veto Initiative'- Strengthening of the UN System, Kamboj said that the Security Council has used its working methods to hide vetoes and disguise them under the ad hoc working methods of its committees which act on its behalf but have little accountability. Those of us familiar with the work of the Sanction Committees and its tradition of puttin

Anyone considering business with Iran will face risk of sanctions: US

Anyone considering a business deal with Iran needs to be aware of the potential risk of sanctions from the United States, an official said on Tuesday. "Just let me say broadly, we advise anyone considering business deals with Iran to be aware of the potential risk of sanctions. But ultimately, the government of Pakistan can speak to their own foreign policy pursuits," Vedant Patel, Deputy Spokesperson of the US State Department, said while responding to a question on a recent visit of the Iranian president to Pakistan. During the visit, Pakistan and Iran signed eight MoUs (memoranda of understanding) and also agreed to push bilateral trade to USD 10 billion. Early this week, the US imposed sanctions on suppliers to Pakistan's ballistic missile programme, including three companies from China. "The sanctions were made because these were entities that were proliferators of weapons of mass destruction and the means of their delivery. These were entities based in the PRC (People's Repub

US warns Pakistan of potential risk of sanctions for doing trade with Iran

Iran and Pakistan have inked eight memoranda of understanding for collaboration in a range of areas. PM Shehbaz and Iranian President Ebrahim Raisi witnessed the MoU signing ceremony

West teetering on brink of conflict between nuclear powers. says Russia

'United States and NATO were obsessed with the idea of inflicting "strategic defeat" on Russia,' says Russian Foreign Minister Sergei Lavrov

Why the US may impose its first ever sanctions on an Israeli military unit

Israeli Prime Minister Benjamin Netanyahu has called the possibility of sanctions on a Israel Defense Forces battalion 'the peak of absurdity and a moral low'

EU foreign ministers to discuss air defence for Ukraine, Iran sanctions

After a video conference of NATO defence ministers with Ukrainian President Volodymyr Zelenskiy on Friday, Stoltenberg said he expected announcements soon

Israel condemns expected US sanctions against 'ultra-Orthodox' soldiers

Israeli leaders on Sunday harshly criticized an expected decision by the US to impose sanctions on a unit of ultra-Orthodox soldiers in the Israeli military. The decision, expected as soon as Monday, would mark the first time the US has ever imposed sanctions on a unit inside the Israeli military and further strains relations between the two allies, which have grown increasingly tense during Israel's war in Gaza. While US officials declined to identify the sanctioned unit, Israeli leaders and local media identified it as Netzah Yehuda - an infantry battalion founded roughly a quarter of a century ago to incorporate ultra-Orthodox men into the military. Many religious men receive exemptions from what is supposed to be compulsory service. Israeli leaders condemned the decision as unfair, especially at a time when Israel is at war, and vowed to oppose it. If anyone thinks they can impose sanctions on a unit in the IDF, I will fight it with all my might, Prime Minister Benjamin Netanya