The United States on Wednesday imposed sanctions on nearly 400 entities and individuals from over a dozen countries, including four Indian companies, for supporting Russia’s war efforts in Ukraine. Although India has faced US sanctions previously, this marks the “most concerted push so far against third-country evasion”, according to a US State Department official who spoke to Reuters.
“The United States is today sanctioning nearly 400 entities and individuals for enabling Russia’s prosecution of its illegal war. In this action, the Department of State is imposing sanctions on more than 120 individuals and entities,” it said.
Concurrently, the Department of the Treasury is designating more than 270 individuals and entities. The Department of Commerce is also adding 40 entities to its Entity List.
Among the Indian firms listed in the statement is Ascend Aviation India Private Limited, which “sent over 700 shipments to Russia-based companies” from March 2023 to March 2024. “These shipments included over $200,000 worth of CHPL items, such as US-origin aircraft components,” US State Department said.
The US also named Mask Trans, “an India-based company that supplied over $300,000 worth of CHPL items, including aviation components, to Russia-based and U.S.-designated S 7 ENGINEERING LLC between June 2023 and at least April 2024.”
The US subsequently listed companies designated for “operating or having operated within the technology sector of the Russian Federation’s economy.” It added that “TSMD Global private limited is an India-based company that shipped at least $430,000 worth of CHPL items to Russia-based companies, including Electron Komponent and the U.S.-designated companies: Limited Liability company VMK, Alfa limited liability company and joint stock company Avtovaz…these shipments, which occurred between July 2023 and March 2024, included U.S.- and EU origin BIS CHPL Tier 1 and 2 items such as electronic integrated circuits, central processing units, and other fixed capacitors”.
(With Reuters inputs)