33 countries are preparing new steps to pressure the defense industry of Russia
14 October, 2022 Meeting of high-ranking officials from 33 countries regarding the pressure on the defense industry of the Russian Federation. October 2022. USA.
Photo credits: United States Department of the Treasury In the United States, senior officials from 33 countries have held a meeting to discuss pressure on Russia's defense industrial complex (defense industry). This is stated in the Department of the Treasury of the United States.
Senior officials representing finance ministries and other government departments also discussed the most important defense supply chains. All countries present have imposed sanctions and/or export control against Russia for its war against Ukraine. US officials shared information and analysis from the government about how these joint actions disrupted Russian military operations, defense purchases and undermined Russian battlefield efforts.
U.S.
Deputy Treasury Secretary Wally Adeyemo (left). October 2022. USA.
Photo credits: United States Department of the Treasury
Senior officials reaffirmed their commitment to holding Russia accountable. Moreover, senior officials talked through additional steps they plan to take to further weaken Russia's defense and industrial complex, as well as its ability to wage war. "The Office for Foreign Assets Control (OFAC) of the US Department of the Treasury issues instructions explaining that we are ready and able to apply sanctions against persons, companies or countries that supply ammunition to Russia or support the Russian defense industry," said Treasury spokesman Wally Adeemo.
Besides, the Bureau of Industry and Security of the US Department of Commerce issued a joint warning describing "actions against the defense industry of Russia, as well as risks for those who provide material support to the invasion of the Russian Federation in Ukraine." Wally Adeyemo stressed that sanctions and restrictions imposed by Western countries, in particular against the Russian defense industry, have already "directly affected the development of events on the battlefield" in Ukraine. According to a report by the Office of the Director of National Intelligence of the United States, Western sanctions have sharply limited Russia's ability to produce weapons and ammunition that it loses in Ukraine.
This has already forced the Kremlin to instruct its special services to find ways to avoid restrictions and purchase chips and critical technologies.
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