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JPMorgan had handled some Russian grain export payments for a few months with reassurances from Washington. However, that cooperation stopped in early August, said Russia's Foreign Ministry, after Moscow quit the Black Sea grain deal in July. UNDERMINING U.N. EFFORTSU.N. Secretary-General Antonio Guterres told the Security Council on Wednesday that Russia's bombardment was undermining U.N. efforts to help facilitate Russian food and fertilizer exports. To convince Russia to agree to the Black Sea deal, U.N. officials agreed to help Russian exports reach global markets. "It has led many of those whose goodwill is needed, notably in the private sector, to question whether there is any real interest in re-joining the Black Sea Initiative."

Persons: Morgan, Sarah Meyssonnier, Moscow, James O'Brien, ”, O'Brien, Antonio Guterres, Guterres, Sergei Lavrov, Daphne Psaledakis, Humeyra Pamuk, Michelle Nichols, Michael Perry Organizations: JPMorgan, REUTERS, Washington, State Department, Reuters, Wednesday, Foreign Ministry, State Department's Office, United Nations, Security, Black Sea Initiative, United, Russia's, Russian Foreign Ministry, Guterres, Thomson Locations: Paris, France, U.S, Moscow, Ukraine, Washington, Russia, New York, United Nations, Turkey, United

China's Ministry of State Security on Tuesday said China should encourage its citizens to join counter-espionage work, including creating channels for individuals to report suspicious activity and rewarding them for doing do. A system that makes it "normal" for regular people to participate in counter-espionage should be established, the ministry said. That followed an expansion of China's counter-espionage law that took effect in July and bans the transfer of information it sees as related to national security. It has alarmed the United States, which has warned that foreign companies in China could be punished for regular business activities. China's declaration that it is under threat from spies comes as Western nations, most prominently the United States, accuse China of espionage and cyberattacks, a charge that Beijing has rejected.

Persons: Janet Yellen, Mark Schiefelbein, Matt Miller, Cheng Lei, Daphne Psaledakis, Humeyra Pamuk, Mark Porter, Rosalba O'Brien Organizations: China's Ministry of State Security, Astellas Pharma, Thomson Locations: United States, Diaoyutai, Beijing, China

WASHINGTON, June 27 (Reuters) - The United States on Tuesday imposed sanctions on companies in the United Arab Emirates, Central African Republic and Russia, accusing them of illicit gold dealings to fund Russia's Wagner Group mercenary force. "The Wagner Group funds its brutal operations in part by exploiting natural resources in countries like the Central African Republic and Mali. The Wagner Group did not immediately respond to the U.S. allegations. The U.S. State Department ahead of the announcement said that the action against Wagner was unrelated to an aborted mutiny last weekend. Reporting by Daphne Psaledakis, Humeyra Pamuk and Costas Pitas; editing by Jonathan Oatis and Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Russia's, Yevgeny Prigozhin, Wagner, Brian Nelson, Vladimir Putin, Diamville, Andrey Nikolayevich Ivanov, Midas Ressources, Daphne Psaledakis, Humeyra Pamuk, Costas Pitas, Jonathan Oatis, Grant McCool Organizations: United Arab, Russia's Wagner Group, U.S . Treasury Department, Wagner Group, Central African, Terrorism, Financial Intelligence, U.S . State Department, Russia, Industrial, Trading, United, Wagner, Treasury, Industrial Resources, Thomson Locations: United States, United Arab Emirates, Central African Republic, Russia, U.S, Ukraine, Africa, Mali, Libya, Syria, Ukraine's Crimea, Donbas, African Republic, Dubai, Saharan Africa, Washington, Russian

At the same time, it opposes Western sanctions on Russia and has close ties with both Moscow and Kyiv, its Black Sea neighbors. But Ankara has pledged that international sanctions will not be circumvented in Turkey. Washington is also concerned about evasion of U.S. sanctions on Iran. While in the United Arab Emirates, Nelson will note the "poor sanctions compliance" in the country, the spokesperson said. Reporting by Daphne Psaledakis and Humeyra Pamuk Editing by Don Durfee and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

[1/2] The American flag flies over the U.S. Treasury building in Washington, U.S., January 20, 2023. But Ankara has pledged that international sanctions will not be circumvented in Turkey. Washington is also concerned about evasion of U.S. sanctions on Iran. While in the United Arab Emirates, Nelson will note the "poor sanctions compliance" in the country, the spokesperson said. In Oman, Nelson will meet with counterparts to discuss cooperation on countering illicit finance, including terrorist financing, the department said.

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