Ready to impose sanctions against Russian companieswhich provide goods and services to its armed forces and intelligence services Russialooks like the US government, according to an article in the Wall Street Journal.
The sanctions are expected to be announced next week, according to the post citing officials. However, the US State Department declined to comment on the report.
Most of the companies that are expected to be sanctioned – including Serniya Engineering and Sertal – had earlier been added to a US list banning the export of sensitive technologies to them.
Although the companies are blacklisted, the measure does not imply a ban on all business activities, the publication underlines.
On Thursday USA and their allies intensified pressure on Moscow to invade Ukraine. Washington has imposed new sanctions on dozens of Russian defense companies, hundreds of members of the Russian parliament and the managing director of Russia’s largest bank.
Source: News Beast
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.