UK Sanctions Shadow Vessels, Procurement Networks, Banks Aiding Russia
3 Articles
3 Articles
UK Joins US Bid to Weaken ‘Axis of Evil’ With New Sanctions on Companies Aiding Russia: Analysts
The UK government, on June 16, imposed 70 new sanctions on entities and individuals supporting Russia’s war against Ukraine, including Chinese companies. The sanctions package targets Russia’s “shadow fleets” and financial networks used to avoid trade restrictions and also third-country suppliers in China, Thailand, and Turkey. Four Chinese companies are on the UK sanctions list. Shenzhen Huaxin Antenna Technology and ComNav Technology specializ…
As G7 leaders gathered to discuss continued support for Ukraine, the UK announced a new round of sanctions comprising 70 measures, targeting Russia's "shadow fleet," military supply chains, and Chinese companies aiding the Russian military. The EU, Canada, and Switzerland have followed suit. Analysts point out that this reflects Europe's view of Chinese aid to Russia as a direct security threat. With the Russian military's losses continuing to m…
UK Sanctions Shadow Vessels, Procurement Networks, Banks Aiding Russia
The U.K. this week announced 70 new designations targeting Russia's shadow fleet, military procurement supply chains and finance networks that it said Moscow is using to evade sanctions. Among those sanctioned were 20 oil tankers, ship...
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