US imposes sanctions on Indian firms for allegedly aiding Russia's war against Ukraine

Sanctions were imposed on over 350 firms across Russia, India, and China accusing them of providing products and services that enable Russia's war effort and aid its ability to evade sanctions. 

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By Connect Gujarat Desk
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US imposes sanctions on Indian firms for allegedly aiding Russia's war against Ukraine
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The United States has imposed sanctions on more than four private firms from India for aiding Russia amid its war ongoing against Ukraine. 

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Sanctions were imposed on over 350 firms across Russia, India, and China accusing them of providing products and services that enable Russia's war effort and aid its ability to evade sanctions. 

This is not the first time that Indian firms have been targeted by US sanctions. The Treasury and State Department's effort is aimed at punishing third-party countries that are accused of providing material assistance to the Kremlin. 

A US State Department official told Reuters that the latest move was the "most concerted push so far against third-country evasion."

Sanctions were also imposed on targets in the United Arab Emirates, Turkey, Thailand and Malaysia. 

Meanwhile, Deputy Treasury Secretary Wally Adeyemo said in a statement that the US and its allies will continue to take decisive action across the globe to stop the flow of technologies and weapons that aid Russia in its war against Ukraine. 

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