U.S. Ramps Up Sanctions on Russia’s Enablers, Targeting China’s Role

Treasury Secretary Janet Yellen Said The Sanctions Would “Further Disrupt And Degrade Russia’s War Efforts.”

In an escalation of efforts to disrupt Russia’s military operations in Ukraine, the Biden administration disclosed a new wave of sanctions targeting nearly 300 international suppliers of military equipment technology.

The move, announced on Wednesday, specifically singles out entities accused of aiding Russia in replenishing its arsenal amid the ongoing conflict in Ukraine.

This latest round of sanctions marks a significant broadening of U.S. efforts to disrupt Russia’s military supply chain.

Notably, over a dozen targets identified in the sanctions are based in China, a development that underscores growing apprehension within the Biden administration regarding China’s role in facilitating Russia’s military capabilities.

Biden Administration’s Crackdown on Military Suppliers Signals Escalation in Efforts to Disrupt Moscow’s Operations

Yellen in China (Credits: Tingshu Wang)

Treasury Secretary Janet L. Yellen emphasized the punitive measures as a means to further obstruct Russia’s war efforts by targeting its military-industrial base and associated evasion networks.

The announcement follows Yellen’s recent trip to China, during which she explicitly warned Chinese officials about the consequences of providing support to Russia’s war endeavors.

Secretary of State Antony J. Blinken echoed these sentiments during his own discussions with Chinese counterparts, highlighting the indispensable role of Chinese support in sustaining Russia’s actions in Ukraine.

Blinken reiterated the administration’s commitment to holding China accountable should it fail to address concerns about its assistance to Moscow.

U.S. Treasury Secretary Janet Yellen Tastes A Cup Of Beer At Jing-A Brewery In Beijing, China

The sanctioned Chinese companies stand accused of providing various critical components to Russia’s military infrastructure, including infrared detectors, drone components, and pressure sensors utilized in missiles.

Additionally, entities based in Azerbaijan, Belgium, Turkey, and the United Arab Emirates were also targeted, alongside Russian firms associated with procurement for chemical and biological weapons programs.

U.S. Treasury Secretary Janet Yellen Attends A Press Conference In San Francisco, California, U.S., November 10, 2023.

These sanctions, coordinated with the State Department, are bolstered by President Biden’s executive order from last year, which grants the U.S. greater authority to crackdown on financial institutions facilitating Russia’s evasion of existing sanctions.

The Biden administration aims to significantly amplify the impact of these measures in curbing illicit support for Russia’s military operations in Ukraine.

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