Reported 7 months ago
The Biden administration has expanded sanctions on Russia to include limitations on the sale of semiconductor chips and other goods, targeting third-party sellers in countries like China to further restrict Vladimir Putin’s activities in Ukraine. The measures also encompass Russian natural gas projects, the MOEX stock exchange, and the National Clearing Center. The US is broadening export controls to prevent Russia's access to chips and technology critical for its military operations, with a focus on third-party sellers and reshipments to Russia. The move comes ahead of Biden's meeting with G7 leaders to discuss ways to support Ukraine and constrain Russia further amid ongoing conflicts and delays in US aid delivery.
Source: YAHOO