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Sanctioned Western tech is still entering Russia and powering its military machine, new analysis shows - TL;DR CNBC

Sanctioned Western tech is still entering Russia and powering its military machine, new analysis shows

Publishing timestamp: 2024-01-11 12:10:40


Summary

The article discusses how Russia is still importing large volumes of Western technology critical to its war in Ukraine, even as sanctions show some signs of taking hold. The analysis shows that Western-origin technologies accounted for almost half of all Russian imports of critical components and "high-priority" battlefield goods. China, Hong Kong, Turkey, and the United Arab Emirates have become important in funneling critical components to Russia. The article also mentions specific U.S. tech majors that are included among the producers. The report's authors note that while some export controls are working, more needs to be done to bolster enforcement and clamp down on remaining loopholes. The findings highlight the challenges faced by the industry in monitoring complex supply chains and call for greater cooperation between enforcement agencies in coalition countries to improve the robustness of the sanctions regime.


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Keywords: russiaforeign policytechnologyukrainebusiness newsgovernment and politicsbreaking news: technologychinatradebreaking news: politicsanalog devices incpoliticsadvanced micro devices incunited arab emirates

Source: https://www.cnbc.com/2024/01/11/sanctioned-western-tech-is-still-entering-russia-and-powering-its-war.html


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