US Imposes Controls on Military Exports to Russia, China, Cuba, Venezuela, Commerce Dept. Says

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US Imposes Controls on Military Exports to Russia, China, Cuba, Venezuela, Commerce Dept. Says

 WASHINGTON (Sputnik) – The United States has introduced new strict controls on exports of military technology to Russia, China, Cuba and Venezuela, the Commerce Department announced on Thursday.

The US Commerce Department has also placed China National Overseas Oil Corporation, Beijing’s largest offshore oil and gas producer, and Chinese company Skyrizon on its economic blacklist of designated military end-users.

Prior to the end of the presidential term, Trump’s administration has managed to introduce a number of restrictions against Cuba and China.

On 1 January, the United States added Cuban Banco Financiero International to its list of sanctioned entities, saying it is controlled by the country’s military and prohibiting all financial transactions with the entities from the list.

A week later, the US State Department designated Cuba as a state sponsor of terrorism “for repeatedly providing support for acts of international terrorism in granting safe harbour to terrorists”.

As far as China is concerned, on 14 January, US President Donald Trump signed an executive order strengthening a ban on US investments in companies with alleged ties to the Chinese military.

Sourse: sputniknews.com

US Imposes Controls on Military Exports to Russia, China, Cuba, Venezuela, Commerce Dept. Says

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