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US adds 37 Russian and Chinese companies to trade blacklist
The United States has blacklisted 37 companies from China and Russia, in particular for helping the Russian army and supporting the Chinese military
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This was reported by the US Department of Commerce, Reuters reports.
"When we identify entities that pose a national security or foreign policy concern for the United States, we add them to the Entity List to ensure we can scrutinize their transactions," Assistant Secretary Thea Kendler said in a statement.
Thus, the United States is adding 37 organizations to its trade blacklist. This is due to the support of the Chinese and Russian militaries, and assistance or participation in human rights violations in Myanmar and China.
- US President Joe Biden has informed the US Congress that he is extending sanctions against Russia for another year.
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