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The United States on Wednesday imposed curbs on hundreds of targets in fresh action against Russia, taking aim at sanctions circumvention in a signal that the U.S. is committed to countering evasion.

The action, taken by the U.S. Treasury and State departments, imposed sanctions on nearly 400 entities and individuals from over a dozen different countries, according to statements from the Treasury and State departments.

The action was the most concerted push so far against third country evasion, a State Department official told Reuters. It included sanctions on dozens of Chinese, Hong Kong and Indian companies, the most from those countries to be hit in one package so far, according to the official.

Also hit with sanctions were targets in Russia, the United Arab Emirates, Turkey, Thailand, Malaysia, Switzerland and elsewhere.
4 months ago

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