US sanctions China, Belarus & Armenia companies over Russia

Sept 30 2022

The Biden administration announced new economic sanctions against hundreds of Russian officials and entities on Friday following the Kremlin’s illegal annexation of four regions of Ukraine.

The newly sanctioned entities include shell companies formed specifically to evade previous sanctions on Russian military suppliers.

Among companies sanctioned, there are businesses operating out of China, Belarus and Armenia facilitating Russia’s bypassing sanctions.

The new designations also expand sanctions on top officials to include their wives and adult children.