Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Links Ltd"


3 mentions found


US Hits Chinese, Russian Firms Over Moscow Military Aid
  + stars: | 2023-09-25 | by ( Sept. | At A.M. | ) www.usnews.com   time to read: +2 min
By David Shepardson and Alexandra AlperWASHINGTON (Reuters) - U.S. President Joe Biden's administration on Monday imposed new trade restrictions on 11 Chinese and five Russian companies, accusing some of supplying components to make drones for Russia's war effort in Ukraine. The Commerce Department, which oversees export policy, added a total of 28 firms, including some Finnish and German companies, to a trade blacklist, making it harder for U.S. suppliers to ship them technology. The investigation found that Hong Kong-based exporter Asia Pacific Links Ltd. has been among the most important suppliers to Russia's drone program. The firm, along with import company SMT iLogic, were the target of an earlier round of U.S. sanctions in May. The United States has aggressively used a trade blacklist known as the entity list to target China's tech sector and attempt to stymie Russia's war in Ukraine.
Persons: David Shepardson, Alexandra Alper WASHINGTON, Joe Biden's, Alan Estevez, Barack Obama, Alexandra Alper, Rami Ayyub Organizations: The Commerce Department, China's, Links Ltd, Technology Center, Russia's Main Intelligence, General Staff, Reuters, Royal United Services Institute, Special Technology, Asia Pacific Links, SMT, Commerce, Iran Aircraft Manufacturing Company, Commerce Department, U.S, United Locations: Ukraine, Russian, London, St . Petersburg, Russia, Hong Kong, Iran, United States
Ukrainian President Volodymyr Zelenskiy is embraced by U.S. President Joe Biden in the Oval Office of the White House in Washington, September 21, 2023. REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsWASHINGTON, Sept 25 (Reuters) - U.S. President Joe Biden's administration on Monday imposed new trade restrictions on 11 Chinese and five Russian companies, accusing some of supplying components to make drones for Russia's war effort in Ukraine. The firm, along with import company SMT iLogic, were the target of an earlier round of U.S. sanctions in May. Another six Chinese entities were added for allegedly procuring aerospace parts for the Iran Aircraft Manufacturing Company that are used to make drones used by Iran to attack oil tankers in the Middle East and by Russia in Ukraine, according to the Commerce Department. The United States has aggressively used a trade blacklist known as the entity list to target China's tech sector and attempt to stymie Russia's war in Ukraine.
Persons: Volodymyr Zelenskiy, Joe Biden, Kevin Lamarque, Joe Biden's, Alan Estevez, Barack Obama, David Shepardson, Alexandra Alper, Rami Ayyub Organizations: U.S, White, REUTERS, Rights, The Commerce Department, China's, Links Ltd, Technology Center, Russia's Main Intelligence, General Staff, Reuters, Royal United Services Institute, Special Technology, Asia Pacific Links, SMT, Commerce, Iran Aircraft Manufacturing Company, Commerce Department, United, Thomson Locations: Washington, Ukraine, Russian, London, St . Petersburg, Russia, Hong Kong, Iran, United States
The Special Technology Centre did not respond to a written request for comment. Russia's Ministry of Defence did not respond to questions from Reuters about the impact of sanctions and its relationship to the Special Technology Centre. Reached by phone, Alexey Terentyev, a top scientist and major shareholder at the Special Technology Centre, said the war has forced it to focus on making drones. Those corporate records show iLogic is based at the same St Petersburg office address as the Special Technology Centre. In a brief telephone interview, Roman Agafonnikov, chief executive officer of the Special Technology Centre, said he didn't know anything about iLogic.
Total: 3