19 indian companies are banned by USA..!?

As the Russia-Ukraine standoff continues, the pro-Ukraine united states has begun cracking down on companies and individuals supporting Russia's war. The united states has imposed new sanctions on a number of companies and individuals in an effort to curb Russian military aggression against Ukraine. It also includes four indian companies. The move is not new, but it is seen as an important step by the united states to prevent the involvement of third-party countries that help Russia. The US State Department has sanctioned more than 120 individuals and companies, while the Treasury Department has sanctioned more than 270 individuals and companies.
Additionally, the US Department of Commerce has added 40 companies to its embargo list. With this, the US government added about 430 companies and individuals to its list of sanctions yesterday, creating a stir. The ban on 4 indian companies is an additional shocker. Ascend Aviation india Pvt Ltd and Mask Trans are among the indian companies banned by the US. These companies are accused of supplying US-made aircraft parts to Russian companies, thereby aiding Russia's war effort. TSMD Global Private Limited has been banned for supplying electronic components to Russian companies, including those on the US embargo list. These components have important applications in various industries including defense and aerospace. The US government has made it clear that it will continue to take tough action against companies that facilitate and aid Russia's attacks. The US State Department has also detailed allegations against four indian companies, Ascent Aviation india, Mask Trans, DSMT Global, and Futrevo, among the 120 companies. Two Indians, vivek Kumar Mishra and Sudhir Kumar, directors of Delhi-based Ascent Aviation, have been admitted. Around 19 indian and indian companies have been banned from this list.
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Sowmiya Sriram

02/11/2024 09:30 AM