US blacklists 5 Chinese companies

Washington: US President Joe Biden-led administration has added five Chinese companies to a trade blacklist for allegedly supporting Russia’s military and defense industrial base amid the Ukraine conflict.
The Commerce Department on Tuesday said that the targeted companies had supplied Russia “entities of concern” before the invasion on February 24 and they “continue to contract to supply Russian entity listed and sanctioned parties.”
Besides Chinese companies, the department has also added 31 entities in its blacklist from countries including Russia, UAE, Lithuania, Pakistan, Singapore, the UK, Uzbekistan and Vietnam, according to the Federal Register entry.
Following the announcement, Undersecretary of Commerce for Industry and Security Alan Estevez said, “Today’s action sends a powerful message to entities and individuals across the globe that if they seek to support Russia, the United States will cut them off as well.”
“We will not hesitate to act, regardless of where a party is located, if they are violating US law,” Assistant Secretary of Commerce for Export Administration Thea Rozman Kendle. (UNI)

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