US imposes trade restrictions on 11 Chinese and Russian companies

The US Commerce Department, which oversees export policy, has added a total of 28 companies, including several Finnish and German firms, to a trade blacklist, making it more difficult for US suppliers to ship technology to them.

Ukrainian President Volodymyr Zelenskyy meets with US President Joe Biden in the Oval Office of the White House in Washington, September 21, 2023. Photo: REUTERS

Nine of the companies, including China's Asia Pacific Links Ltd and Russia's SMT-iLogic, are said to have been involved in a scheme to supply the blacklisted Special Technology Center with drone parts.

The head of the US Department of Commerce's export control division, Alan Estevez, said in a statement that the department will not hesitate to take swift action against those who continue to seek to supply and support the fighting in Ukraine.

Six more Chinese entities were added for allegedly procuring aerospace parts for Iran Aircraft Manufacturing Company, which were used to build drones, according to the US Commerce Department.

The US has actively used trade blacklists to target China's technology sector and try to hinder Russia's war in Ukraine.

Mai Anh (according to Reuters)

Source: https://www.congluan.vn/my-ap-dat-han-che-thuong-mai-voi-11-cong-ty-trung-quoc-va-nga-post266150.html