Trade Sanctions
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Russia Delays Key Science Projects: Everything You Need to Know
Russia has postponed its SKIF Photon Source, Kurchatov Synchrotron Radiation Source modernisation, and neutron research expansion due to trade sanctions and budget issues. The sanctions restrict access to specialised equipment needed for these projects, now dependent on alternative sources. Officials remain optimistic about completing them by adjus...
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Japan And South Korea Sanction Entities Over North Korea-Russia Arms Trade
Japan and South Korea on Friday announced separate sanctions packages targeting companies, vessels, or individuals allegedly involved in supplying North Korean weapons to Russia for use in Ukraine, in violation of UN resolutions.
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US Sanctions Over Dozen Companies, 3 From India, For Trade With Iran
The United States slapped on Thursday sanctions on over a dozen companies, individuals and vessels, including three from India, for facilitating illicit trade and UAV transfers on behalf of the Iranian military.
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US Warns Pak Of "Potential Risk Of Sanctions" Over Trade Deal With Iran
The US on Tuesday (local time) warned Pakistan of "potential risk of sanctions," adding that they will continue to disrupt and take actions against proliferation networks considering business deals with Iran.
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RBI Permits Banks To Open Current Accounts For Export Proceeds In Addition To Special Rupee Vostro Accounts
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West.
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South Korea Imposes Sanctions Over North Korea's Arms Trade With Russia
South Korea imposed fresh sanctions on 10 individuals and two entities in relation to North Korea's nuclear program and weapons trade with three countries, including Russia, the foreign ministry said on Thursday.
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G7 Nations Increase Russia Sanctions, Seek To Cut China Trade Dependency
Leaders of the world's richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China.
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Huawei Replaced Over 13,000 Parts Hit by US Trade Sanctions, Says Founder
Huawei Technologies’ founder said that the company has replaced more than 13,000 parts in its products that were hit by US trade sanctions, according to a transcript of a speech posted on Friday by a Chinese university. According to the transcript posted by Shanghai Jiao Tong University, Huawei founder Ren Zhengfei said Huawei had over the past t...
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Oil Rises On China Demand Optimism, Russian Supply Concerns Amid Sanctions
Oil prices rose in early trade on Thursday, building on gains in the previous session as China's demand outlook improves and concerns rise over the impact of sanctions on Russian supply.
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Gave List Of Products To Moscow For Access To Russian Market: S Jaishankar
India gave a list of Indian products to Moscow for access to Russian markets, Foreign Minister Subrahmanyam Jaishankar said on Monday, as Indiaseeks to narrow a growing trade deficit with Russia.
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Reliance Makes Rare Buy Of Russian Crude, Ups Fuel Imports
Western sanctions against Russia over its invasion of Ukraine have led to an emergence of rare trade routes for Russian crude and refined products that were mainly sold to European countries.
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Crypto Exchange Binance Helped Iranian Firms Trade $8 Billion Despite Sanctions: Report
Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show.
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Russia May Provide Trade Finance To Importers Of Its Grain: Minister
Russia may start providing trade finance to importers of its grain as sanctions imposed on Moscow since it sent troops to Ukraine affect this financial instrument, Agriculture Minister Dmitry Patrushev said.
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European Union Proposes "Biting Sanctions" On Russia For Ukraine Escalation
European Commission President Ursula von der Leyen on Wednesday proposed fresh sanctions against Russia over its war against Ukraine, including further trade restrictions, individual blacklistings and an oil price cap for third countries.
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India To Incentivize Rupee-Settled Exports To Boost Russia Trade: Report
India may give incentives to exporters settling trades using rupees to boost the acceptability of the currency and increase the sales of goods to Russia, which has fallen because of western sanctions, according to government and industry sources.
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Russia Delays Key Science Projects: Everything You Need to Know
Russia has postponed its SKIF Photon Source, Kurchatov Synchrotron Radiation Source modernisation, and neutron research expansion due to trade sanctions and budget issues. The sanctions restrict access to specialised equipment needed for these projects, now dependent on alternative sources. Officials remain optimistic about completing them by adjus...
-
Japan And South Korea Sanction Entities Over North Korea-Russia Arms Trade
Japan and South Korea on Friday announced separate sanctions packages targeting companies, vessels, or individuals allegedly involved in supplying North Korean weapons to Russia for use in Ukraine, in violation of UN resolutions.
-
US Sanctions Over Dozen Companies, 3 From India, For Trade With Iran
The United States slapped on Thursday sanctions on over a dozen companies, individuals and vessels, including three from India, for facilitating illicit trade and UAV transfers on behalf of the Iranian military.
-
US Warns Pak Of "Potential Risk Of Sanctions" Over Trade Deal With Iran
The US on Tuesday (local time) warned Pakistan of "potential risk of sanctions," adding that they will continue to disrupt and take actions against proliferation networks considering business deals with Iran.
-
RBI Permits Banks To Open Current Accounts For Export Proceeds In Addition To Special Rupee Vostro Accounts
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West.
-
South Korea Imposes Sanctions Over North Korea's Arms Trade With Russia
South Korea imposed fresh sanctions on 10 individuals and two entities in relation to North Korea's nuclear program and weapons trade with three countries, including Russia, the foreign ministry said on Thursday.
-
G7 Nations Increase Russia Sanctions, Seek To Cut China Trade Dependency
Leaders of the world's richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China.
-
Huawei Replaced Over 13,000 Parts Hit by US Trade Sanctions, Says Founder
Huawei Technologies’ founder said that the company has replaced more than 13,000 parts in its products that were hit by US trade sanctions, according to a transcript of a speech posted on Friday by a Chinese university. According to the transcript posted by Shanghai Jiao Tong University, Huawei founder Ren Zhengfei said Huawei had over the past t...
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Oil Rises On China Demand Optimism, Russian Supply Concerns Amid Sanctions
Oil prices rose in early trade on Thursday, building on gains in the previous session as China's demand outlook improves and concerns rise over the impact of sanctions on Russian supply.
-
Gave List Of Products To Moscow For Access To Russian Market: S Jaishankar
India gave a list of Indian products to Moscow for access to Russian markets, Foreign Minister Subrahmanyam Jaishankar said on Monday, as Indiaseeks to narrow a growing trade deficit with Russia.
-
Reliance Makes Rare Buy Of Russian Crude, Ups Fuel Imports
Western sanctions against Russia over its invasion of Ukraine have led to an emergence of rare trade routes for Russian crude and refined products that were mainly sold to European countries.
-
Crypto Exchange Binance Helped Iranian Firms Trade $8 Billion Despite Sanctions: Report
Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show.
-
Russia May Provide Trade Finance To Importers Of Its Grain: Minister
Russia may start providing trade finance to importers of its grain as sanctions imposed on Moscow since it sent troops to Ukraine affect this financial instrument, Agriculture Minister Dmitry Patrushev said.
-
European Union Proposes "Biting Sanctions" On Russia For Ukraine Escalation
European Commission President Ursula von der Leyen on Wednesday proposed fresh sanctions against Russia over its war against Ukraine, including further trade restrictions, individual blacklistings and an oil price cap for third countries.
-
India To Incentivize Rupee-Settled Exports To Boost Russia Trade: Report
India may give incentives to exporters settling trades using rupees to boost the acceptability of the currency and increase the sales of goods to Russia, which has fallen because of western sanctions, according to government and industry sources.
