U.S. entities hampering Indo – Russian trade need to be sanctioned by India
Previously Uncle Sam had sanctioned nearly 400 entities globally for their alleged support to Russia’s military industrial complex.
The U.S. State Department had indicated that these measures were part of a concerted effort to prevent the circumvention of existing Unilateral American sanctions against Russia, particularly by third-party countries.
Now once again the United States has imposed sanctions on 275 individuals and entities, including 15 companies from India, for their alleged support of Russia’s military-industrial base amid its ongoing conflict in Ukraine.
This action is part of a American strategy to disrupt networks that facilitate the flow of critical technologies and materials to Russia, which are essential for its military operations.
These unilateral illegal sanctions (as it has no approval of UN) were announced by the U.S. Department of Treasury and are aimed at entities that are believed to be supplying advanced technology and equipment to Russia.
This includes companies from various countries, notably China, Switzerland, Thailand, and Turkey, in addition to India.
The U.S. government emphasized its commitment to curtailing the resources available to Russia for its military efforts, particularly in light of Ukraine conflict.
Indian Entities Sanctioned: The specific Indian companies that have been sanctioned include:
Abhar Technologies and Services Private Limited
Denvas Services Private Limited
Emsystech
Galaxy Bearings Ltd
Orbit Fintrade LLP
Innovio Ventures
KDG Engineering Private Limited
Khushbu Honing Private Limited
Lokesh Machines Limited
Pointer Electronics
RRG Engineering Technologies Private Limited
Sharpline Automation Private Limited
Shaurya Aeronautics Private Limited
Shreegee Impex Private Limited
Shreya Life Sciences Private Limited
These companies are accused of providing various forms of support that could enhance Russia’s military capabilities, including dual-use goods that can be utilized for both civilian and military applications.
The sanctions also reflect ongoing tensions in U.S.-India relations, which have been complicated by recent geopolitical events, including allegations involving Indian nationals in other international incidents.
The U.S. has reiterated its stance on enforcing sanctions rigorously to impede any support for Russia’s military endeavours.
Now its time that India takes action against these illegal sanctions which try to disrupt India’s trade with a friendly third country.
Also such illegal unilateral sanctions against Indian Companies must be retaliated. Timely retaliation on such unilateral sanctions by the United States’ is essential to show India’s determination for non tolerance of such actions.
Retaliation will also be signalling a warning to other nations about the repercussions of targeting India under unilateral sanctions.
As the situation evolves, it will be crucial for affected countries to navigate the implications of such unilateral actions against Indian Companies carefully.