EU imposes new sanctions on companies aiding Russia in circumventing existing restrictions
The EU has imposed sanctions on companies from Russia, Turkey, UAE, and India for their role in helping Russia circumvent existing economic restrictions.
Background
Following Russia's invasion of Ukraine, numerous countries, including the EU member states, imposed economic sanctions on Russia. These measures aim to limit Russia's ability to finance its military actions. However, some entities in other countries have been accused of facilitating Russia's efforts to bypass these restrictions.
Quorum · collective opinions
Sanctions and Economic Restrictions on Russia
First report 6h agoLast update 2h agoThe EU has sanctioned Russian, Turkish, UAE, and Indian companies for facilitating parallel imports and circumventing sanctions.
Russian Companies Face Restrictions and Sanctions
First report 3h agoLast update 3h agoCrypto exchange Bitget has added Russia, Belarus, and Kazakhstan to its list of restricted countries.
iWitness comments
No comments yet — be the first to weigh in.