Materials with tag «akhangarancement»


US imposes new sanctions on Usmanov affiliated entities and citizens of Uzbekistan
13 April 2023, 18:23

US imposes new sanctions on Usmanov affiliated entities and citizens of Uzbekistan

The US imposed sanctions on Alisher Usmanov’s USM Holding and its affiliated companies, including Akhangarancement, Digital Invest, which holds a stake in Ucell and operates a labelling system in Uzbekistan. Additionally, several Uzbek citizens and natives have been subjected to these sanctions.

US imposes sanctions on Akhangarancement JSC and its shareholder
12 April 2023, 21:51

US imposes sanctions on Akhangarancement JSC and its shareholder

The US Treasury Department has sanctioned Uzbekistan’s Akhangarancement JSC and Alisher Usmanov-linked Akkermann Cement CA over concerns of potential sanction circumvention. The Office of Foreign Assets Control (OFAC) issued a license to wind down transactions with these companies until July 11.


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