UK imposes restrictions on companies that helped Russia circumvent sanctions

UK imposes restrictions on companies that helped Russia circumvent sanctions

The UK government has imposed new sanctions on 25 companies that helped Russia circumvent sanctions.

This is stated on the government website.

These are 22 legal entities and individuals located in Türkiye, the United Arab Emirates (Dubai), Slovakia, and Switzerland, as well as three Russian companies that import electronics required for Russia's military equipment.

In particular, the sanctions include:

• 2 Türkiye-based businesses, Turkik Union and Azu International, for their role in exporting microelectronics to Russia;

• Dubai-based Aeromotus Unmanned Aerial Vehicles Trading LLC, for its role in supplying drones and drone components to Russia;

• Slovakian national Ashot Mkrtychev, for his involvement in an attempted arms deal between the Democratic People’s Republic of Korea (DPRK) and Russia;

• Swiss national Anselm Oskar Schmucki, for his role in Russia’s financial services sector, including through working as Chief of the Moscow office of DuLac Capital Ltd.

Belarusian and Iranian companies were also sanctioned:

• Iranian individuals and entities involved in the research, development and production of UAVs for the Islamic Revolutionary Guard Corps (IRGC);

• Belarusian defence organisations linked to the manufacturing of military technology.

The UK is also sanctioning 3 Russian companies operating in the electronics sector for their role in procuring UK-sanctioned western microelectronics that are essential for sustaining Russia’s conflict in Ukraine.