The United States on Friday imposed sanctions on more than 400 entities and individuals for supporting Russia's war effort in Ukraine, the State Department said, including Chinese firms that U.S. officials believe are helping Moscow to skirt Western sanctions and build up its military, BMG reports citing Reuters.
The U.S. Treasury Department said it was targeting transnational networks involved in procuring ammunition and other materiel for Russia, helping Russian oligarchs and others evade sanctions and laundering gold for a sanctioned company.
The Biden administration also added 123 entities to its U.S. export control list known as the Entity List that forces supplies to obtain licenses before shipping to targeted companies. Those added on Friday included 63 entities in Russia and 42 in China, according to a notice published in the Federal Register.
The U.S. Treasury said it was imposing sanctions on several Russian financial technology, securities, real estate lending and other financial firms.
