US has imposed sanctions on 19 Indian companies and two citizens

0
298
- Advertisement -

The US has imposed sanctions on 400 companies and people across the world on charges of helping Russia. These include 19 companies and two citizens of India. These companies are accused of helping Russia in the Ukraine war.

The US has imposed sanctions on 19 Indian companies and two citizens. The US says these companies had helped Russia in the fight against Ukraine. The US has imposed sanctions on about 400 companies and people from many countries. Apart from India, these include companies and citizens from China, Malaysia, Thailand, Turkey and UAE. According to media reports, Vivek Kumar Mishra and Sudhir Kumar, directors of Delhi-based company Ascend Aviation, have been banned. The US State Department has also given detailed information about the allegations leveled against four Indian companies.

- Advertisement -
WhatsApp Channel Join Now
Telegram Group Join Now
Instagram Group Follow Now

These include Ascend Aviation India, Mask Trans, TSMD Global and Futrevo. The US State Department alleges that Ascend Aviation sent more than 700 shipments to Russian companies between March 2023 and March 2024. These included Common High Priority List (CHPL) items worth more than $200,000. Similarly, Mask Trans is accused of supplying CHPL items worth more than $300,000 to Russia between June 2023 and April 2024. TSMD Global has been accused of supplying CHPL items worth $430,000 to Russia.

What are the charges

Similarly, the US State Department has accused the Indian company Futrevo of supplying CHPL items worth $1.4 million to Russia. These include electronic components. These items were supplied between January 2023 and February 2024. This is not the first time that the US has imposed sanctions on Indian companies. Earlier in November last year, Si2 Microsystems was also banned. The company was accused of supplying integrated circuits of American origin to the Russian military.

Related Articles:_

Indian passport holders will no longer need a visa to visit this country

Gutkha and Pan Masala products are banned in this state, know the details

Special Vande Bharat: Indian Railways started Delhi- Patna special Vande Bharat train, see fare & Timing

- Advertisement -