EU sanctions three Indian firms for alleged links to Russia's war industry 
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European Union sanctions three Indian firms for alleged links to Russia's war industry

The European Union sanctioned three Indian firms in its latest package targeting entities accused of aiding Russia's military industry, alleging they helped bypass export curbs on high-tech defence equipment.

JJ News Desk

The European Union on Thursday sanctioned 45 entities, including three India-based firms, for allegedly helping Russia’s military-industrial network bypass export curbs imposed after its invasion of Ukraine, according to PTI.

The measures, announced as part of the EU’s 19th package of sanctions, aim to tighten the economic squeeze on Moscow nearly three years into the war.

There was no immediate response from New Delhi to the EU’s move.

In a statement, the European Council said the newly sanctioned firms were “directly supporting” Russia’s military and industrial complex by enabling the circumvention of export restrictions on sensitive technologies.

These include computer numerical control (CNC) machine tools, microelectronics, unmanned aerial vehicles (UAVs), and other advanced components used in Russia’s weapons systems.

"These entities will be subject to tighter export restrictions with regard to dual-use goods, as well as items which might generally contribute to the technological enhancement of Russia's defence sector," it said.

The sanctions list includes 45 new entities, of which 17 are based outside Russia. According to the EU, 12 are located in China (including Hong Kong), three in India, and two in Thailand.

The three Indian firms named in the sanctions notice are: Aerotrust Aviation Private Limited, Ascend Aviation India Private Limited and Shree Enterprises

The EU did not provide further details on the specific nature of their alleged involvement with Russian entities.

Source: India Today

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