U.S. targets Russian military procurement network in new sanctions
Reuters
Published Oct 19, 2022 03:54PM ET
WASHINGTON (Reuters) - The United States on Wednesday imposed fresh sanctions on Russia over the war in Ukraine, targeting a network that Washington accused of procuring military and dual-use technologies from U.S. manufacturers and supplying them to Russian users.
The U.S. Treasury Department said it imposed sanctions on Russian national Yury Yuryevich Orekhov, whom it accused of being a procurement agent, and two of his companies - Nord-Deutsche Industrieanlagenbau GmbH and Opus Energy Trading LLC.
Deputy Secretary of the Treasury Wally Adeyemo said sanctions and export controls imposed by a broad coalition of allies had left Russia increasingly struggling to secure "inputs and technologies" for its war.
"We know these efforts are having a direct effect on the battlefield, as Russia’s desperation has led them to turn to inferior suppliers and outdated equipment," he said in a statement.
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Written By: Reuters
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