Brief by Shorts91 Newsdesk / 01:55pm on 02 Nov 2024,Saturday India Global
The United States imposed sanctions on 400 entities worldwide, including 19 Indian companies, for allegedly aiding Russia’s war efforts in Ukraine by supplying critical technology. The sanctions, part of a broader initiative to restrict Russia’s access to key defense components, also target firms in China, Switzerland, and Turkey. The U.S. Treasury aims to curb Russia’s access to microelectronics and CNC items essential to its military. India’s Ministry of External Affairs responded, affirming India’s strong non-proliferation policies and commitment to international sanctions compliance. The Indian government emphasized that no domestic laws were violated by the sanctioned firms.
