US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
January 15, 2025
The US treasury department is extending sanctions on Russian and Chinese entities supporting Russia’s military efforts in Ukraine. Approximately 100 entities are re-designated, and 15 new entities are sanctioned for their involvement. Sanctions target companies like Herbarium Office Management and China-based Anhui Hongsheng International Trade, emphasizing stricter scrutiny on businesses aiding Russia’s military.
