Ukraine Conflict: Indian Company Included In Fresh EU Sanctions Over Dual-Use Exports to Russia

News Snapshot:

An undisclosed company registered in India is joined by other firms registered in Russia, China, Kazakhstan, Serbia, Thailand, Sri Lanka, and Turkey, in facing export curbs under new European Union (EU) sanctions imposed on Friday. The new package was announced to mark two years of the Russia-Ukraine conflict, the second anniversary of which falls on Saturday. Under the latest package of EU sanctions, companies making electronic components — which the 27-nation European bloc believes could have dual military as well as civilian uses — are among the foreign companies facing tougher restrictions. Every single euro that Russia is not getting...