![]() ![]() Many of the entities designated today have transferred certain of these high priority items to Russia-based end-users. Items described by these HS codes have been found in multiple Russian weapons systems used against Ukraine, including the Kalibr cruise missile, the Kh-101 cruise missile, and the Orlan-10 UAV. Department of Commerce’s Bureau of Industry and Security (BIS) identified certain high priority items, primarily based on the Harmonized System (HS) code classification of components from Russian weapons systems recovered on the battlefield in Ukraine, to assist financial institutions in identifying suspicious transactions relating to possible export control evasion. In a Supplemental Alert, Treasury’s Financial Crimes Enforcement Network (FinCEN) and the U.S. While cooperating with partners, Treasury will use all tools available, including sanctions, to prevent Russia from acquiring the sensitive technology it needs to continue its full-scale war against Ukraine. The United States is working with partner governments and the private sector to identify and disrupt evasion networks and the actions taken today complement these shared efforts. government’s efforts to stop Russia’s procurement of critical goods and technology. “As long as Russia continues to wage its unprovoked and brutal war against Ukraine, we will impose sanctions to deprive Russia of the technology it needs and disrupt the Russian arms industry’s ability to resupply.” DISRUPTING RUSSIA’S TECHNOLOGY SUPPLIERS, IMPORTERS, AND DEVELOPERS ![]() “Today’s actions represent another step in our efforts to constrain Russia’s military capabilities, its access to battlefield supplies, and its economic bottom line,” said Deputy Secretary of the Treasury Wally Adeyemo. The designations announced today by OFAC and the Department of State take measures to inhibit Russia’s access to products that support its military and war efforts reduce Russia’s revenue from the metals and mining sector undermine its future energy capabilities degrade Russia’s access to the international financial system and starve Russia of G7-produced technology needed for its technology, aerospace, and defense sectors. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is taking action to further implement the commitments that G7 Leaders made on Februand May 19, 2023. ![]()
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