US to toughen stance on supporters of Russian defense sector

WASHINGTON, Feb 10 (PRIME) -- The U.S. Department of the Treasury plans to toughen the sanction pressure on the countries and individuals who support the Russian defense sector bypassing the Western sanctions, the authority said in a statement following a meeting of Deputy Secretary Wally Adeyemo with a group of experts on sanctions and foreign policy.

“Deputy Secretary Adeyemo shared that in the weeks and months ahead, Treasury will increased its focus on countering sanctions evasion, including by targeting facilitators and third-country providers that may wittingly or unwittingly help Russia replenish the supplies and material it desperately needs to support its military,” the statement read.

The group of experts, which comprised about 30 economists and business representatives, expressed their vision on the best ways to achieve the goal, the authority said.

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