UPDATE: US slaps exports sanctions against 45 Russian firms - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

UPDATE: US slaps exports sanctions against 45 Russian firms

(Adds last paragraph)

WASHINGTON, Dec 22 (PRIME) -- The U.S. Department of Commerce presented a list of first 58 Chinese and 45 Russian companies that are banned from exporting U.S. technologies to military end-users, as seen by PRIME in the authority’s statement released late on Monday.

“The Bureau of Industry and Security will amend the Export Administration Regulations by adding a new ‘Military End User’ (MEU) List, as well as the first tranche of 103 entities, which includes 58 Chinese and 45 Russian companies,” the statement read.

“The U.S. Government has determined that these companies are ‘military end users’ for purposes of the ‘military end user’ control in the EAR that applies to specified items for exports, reexports, or transfers (in-country) to the China, Russia, and Venezuela when such items are destined for a prohibited military end user.”

The list of Russian entities includes the Defense Ministry, Admiralty Shipyard, Federal State Budgetary Enterprise of the Administration of the President of Russia, aircraft producer Irkut, United Aircraft Corporation (UAC), Rocket and Space Centre Progress, titanium giant VSMPO-Avisma, arms exporter Rosoboronexport, Russian Helicopters, Sukhoi Civil Aircraft, United Engine Corporation, units of nuclear power corporation Rosatom, and state industrial corporation Rostec.

A spokesperson for UAC told PRIME that the company has not received any notifications of termination of cooperation from its foreign partners yet.

End

22.12.2020 10:37
 
 
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