US Sanctions 18 Indian Firms for Supplying Russia Amid Ukraine Conflict
India asserts no violation of domestic laws as US targets entities aiding Russia's military-industrial base.
- The US sanctioned nearly 400 entities, including 18 Indian companies, for supporting Russia's military efforts in Ukraine.
- Indian firms are accused of shipping electronic, engineering, and aviation components to Russia, but India claims these actions comply with its laws.
- The Indian Ministry of External Affairs is engaging with US authorities to address concerns and clarify the sanctions' implications.
- Many affected Indian companies report minimal impact due to their focus on Russian markets and lack of US business ties.
- The US sanctions aim to disrupt global networks aiding Russia's war capabilities, targeting entities across multiple countries.