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China-Russia trade surged as well reaching $93.8 billion since January 2023, a 75.6% increase, the largest since Western sanctions were implemented, while much of the world has seen declining trade volumes with the Russian Federation due to broad sanctions. Its economy is now predicted to only fall by 0.7%, in line with many Western nations.
The Biden administration announced the latest round of export restrictions on Russia and Belarus, adding 120 Russian and Belarusian entities to the list of sanctioned entities, most of which have connections to the military. [257] These restrictions are designed to weaken Russian and Belarusian defense, aviation, naval, and other strategic ...
WASHINGTON (Reuters) -The Biden administration said on Friday it has imposed new trade restrictions on 93 entities from Russia, China, Turkey, the United Arab Emirates, Kyrgyzstan, India and South ...
On 23 February 2024, the U.S. imposed trade restrictions on 93 entities for their assistance to Russia's war effort in Ukraine, including 63 from Russia, 16 from Turkey, 8 from China and 4 from the UАЕ. The UАЕ-based Crynofist Aviation was also targeted, which provides spare parts for airplanes. [20]
Putin personally favors Russia’s submarine force, which might explain why the navy gets 26% of Russia’s military funding, with just 14% going to the ground forces that account for the majority ...
WASHINGTON (Reuters) -The United States will impose sanctions on over 500 targets on Friday in action marking the second anniversary of Russia's invasion of Ukraine, Deputy U.S. Treasury Secretary ...
Committee supported Ukraine in trade conflict with Russia. It was decided to raise that issue on the G20 summit in Saint Petersburg and pass a resolution about the support of Ukraine. [32] Government of Germany, commenting the trade embargo, called on Russia to respect the right of Ukraine for the close relationship with European Union. [33]
A series of restrictions on transit through Lithuania between the Russian semi-exclave of Kaliningrad Oblast and mainland Russia were implemented during the 2022 Russian invasion of Ukraine. [1] The restrictions extended only to sanctioned goods and began on 18 June 2022. [2] The rail restrictions were lifted one month later on 23 July. [3]