U.S. Set to Impose Sanctions on Ammunition Providers to Russia
- October 17, 2022
- Posted by: Quatro Strategies
- Category: Politics
The United States on Friday said it could impose sanctions on countries, companies and people that provide ammunition to Russia or support its military-industrial complex. Deputy Treasury Secretary Adeyemo underlined that Washington is prepared to take action against those outside the United States evading Washington’s sanctions at a first time gathering of officials from 33 countries. The meeting included officials from the EU countries, Canada and South Korea, as well as the United States. They discussed additional steps to hamper Kremlin’s military-industrial complex and the effects of several rounds of Western sanctions over Russia’s invasion of Ukraine.
The U.S. Treasury Department also emphasized that Washington is prepared to impose sanctions on those providing ammunition or other military goods to Russia as well as private military companies or paramilitary groups that participate in or support Russia’s war in Ukraine.
The Treasury, State and Commerce Departments issued an alert that outlines actions taken against Russia’s military-industrial complex and warned the risks faced by those that provide material support for Russia’s invasion of Ukraine.
The alert by three departments highlighted that by restricting Russia’s access to advanced goods, technology and services, Washington and its partners have impacted Russia’s ability to replace weapons, including over 6,000 pieces of military equipment destroyed in the war.
The U.S. at the meeting has also warned partners that Russia was increasingly turning to countries like North Korea and Iran for supplies of drones, rockets and artillery munitions.
According to the U.S. presentation, the export control measures imposed by Washington and a coalition of 37 countries have had an impact on Russia’s defense industry reliant on imported microelectronics and other parts. Moreover, a shortage of bearings is hampering production of tanks, aircraft, submarines and other military systems.
The U.S. also warned that Russian networks, including oligarchs, proxies and front companies, are trying to acquire Western technology and targeting Europe and North America as a priority.
Earlier this year, Washington imposed restrictions on shipments to Russia of U.S. and foreign goods, if made with U.S. equipment or technology, in an effort to degrade Russia’s military and industrial sectors.
The controls primarily target Russia’s defense, aerospace, and maritime sectors. They also target Russia’s energy production sector as well as luxury goods used by Russian elites.
The restrictions from Washington and its allies have reduced semiconductor imports, critical to Russia’s weaponry, by 70%. As a result, Russian hypersonic ballistic missile production has nearly ceased and the production of cars fell by three-quarters compared to last year.