The US Wednesday imposed sanctions on three entities tied to a sanctions evasion network attempting to support arms deals between Russia and the Democratic People?’s Republic of Korea (DPRK).
The entities are Limited Liability Company Verus (Verus), Defense Engineering Limited Liability Partnership (Defense Engineering), and Versor S.R.O. (Versor), the US Department of the Treasury said in a press release.
This action is part of the continuing U.S. strategy to identify, expose, and disrupt third-country actors seeking to support Russia?’s brutal war against Ukraine, it said.
As Russia has continued to expend munitions and lose heavy equipment on the battlefield, it has been increasingly forced to turn to its few allies, including the DPRK, to sustain its unprovoked war in Ukraine, it added.
To date, Treasury has sanctioned hundreds of individuals and entities involved in circumventing the international sanctions regime on Russia.
“The United States continues to root out illicit financial networks that seek to channel support from North Korea to Russia?’s war machine,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson in a press statement.
“Alongside our allies and partners, we remain committed to exposing and disrupting the arms trade underpinning Putin?’s brutal war in Ukraine,” he added
Source: Kuwait News Agency