U.S. to Sanction Companies Providing Technology for Russian Military, Intelligence Services

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WASHINGTON—The Biden administration is making ready sanctions targeting Russian companies it says present items and services for the armed service and intelligence products and services, which include twin-use parts made use of in weapons proliferation, U.S. officers mentioned.

The Treasury Section sanctions, which could be introduced as early as following 7 days, appear as the U.S. and allies keep on to focus on a array of financial sectors in reaction to Russia’s invasion of Ukraine. The sanctions are the most recent motion underneath an govt order signed by President Biden that aims at blocking or prohibiting transactions with entities or men and women connected to destructive international functions on behalf of Moscow.

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