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This Article is From Oct 20, 2022

US Targets Russian Military Procurement Network In New Sanctions Amid War

Russia-Ukraine War: US Deputy Secretary of the Treasury said sanctions and export controls imposed by a broad coalition of allies had left Russia increasingly struggling to secure "inputs and technologies" for its war.

US Targets Russian Military Procurement Network In New Sanctions Amid War
US on Wednesday imposed fresh sanctions on Russia over the war in Ukraine.
Washington:

The United States on Wednesday imposed fresh sanctions on Russia over the war in Ukraine, targeting a network that Washington accused of procuring military and dual-use technologies from U.S. manufacturers and supplying them to Russian users.

The U.S. Treasury Department said it imposed sanctions on Russian national Yury Yuryevich Orekhov, whom it accused of being a procurement agent, and two of his companies - Nord-Deutsche Industrieanlagenbau GmbH and Opus Energy Trading LLC.

Deputy Secretary of the Treasury Wally Adeyemo said sanctions and export controls imposed by a broad coalition of allies had left Russia increasingly struggling to secure "inputs and technologies" for its war.

"We know these efforts are having a direct effect on the battlefield, as Russia's desperation has led them to turn to inferior suppliers and outdated equipment," he said in a statement

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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