23 May, Thursday

Materials with tag «sanctions»

U.S. sanctions companies from Uzbekistan, Kazakhstan and Kyrgyzstan
26 February 2024, 20:32

U.S. sanctions companies from Uzbekistan, Kazakhstan and Kyrgyzstan

The U.S. Department of the Treasury imposed sanctions against several companies from Uzbekistan, Kazakhstan and Kyrgyzstan for supplying goods to Russia evading restrictions.

Individuals under economic sanctions may be banned from opening bank accounts in Uzbekistan
14 February 2024, 12:54

Individuals under economic sanctions may be banned from opening bank accounts in Uzbekistan

MPs passed a bill in the first reading that would ban those subjected to economic sanctions from opening bank accounts in Uzbekistan. Additionally, the Central Bank would be authorized to establish relevant risk management requirements.

Japan imposes sanctions on two companies from Uzbekistan
15 December 2023, 12:16

Japan imposes sanctions on two companies from Uzbekistan

Two companies from Uzbekistan, Alfa Beta Creative and GFK Logistics Asia, were included in Japan’s sanctions list. Prior to this, both the United States and the European Union imposed sanctions against them.

EU Sanctions Envoy is to visit Uzbekistan on November 29−30
24 November 2023, 14:54

EU Sanctions Envoy is to visit Uzbekistan on November 29−30

EU Sanctions Envoy David O’Sullivan will visit Uzbekistan on November 29−30. This would be his second trip to Tashkent in the last seven months.

EU vows not to impose sanctions against Central Asia
5 June 2023, 22:23

EU vows not to impose sanctions against Central Asia

The European Union (EU) will not sanction Central Asian countries for bypassing its restrictions on Russia, European Council President Charles Michel told the leaders of the five nations. He said the sanctions would only target those “who support the Russian military machine.”

EU may sanction Uzbek firms for aiding Russia to circumvent sanctions
10 May 2023, 15:30

EU may sanction Uzbek firms for aiding Russia to circumvent sanctions

The European Union is considering new sanctions over Russia’s war in Ukraine. According to Reuters sources, the sanctions may target companies from China, Iran, Kazakhstan and Uzbekistan that help Russia circumvent sanctions already imposed.

“We are grateful Uzbekistan is against having its territory used to circumvent the sanctions” — EU Special Envoy
28 April 2023, 19:51

“We are grateful Uzbekistan is against having its territory used to circumvent the sanctions” — EU Special Envoy

EU’s Special Envoy for Sanctions visited Uzbekistan to discuss concerns regarding the potential circumvention of sanctions against Russia. He urged Uzbekistan to strengthen control measures on the movement of specific EU-made products.

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.

UK sanctions Usmanov’s USM holding
12 April 2023, 22:23

UK sanctions Usmanov’s USM holding

The UK has sanctioned Alisher Usmanov’s USM holding and two linked companies, Curzon Square and Hanley, due to their ties to the Russian government and strategic sectors. Two Cypriot nationals connected to Usmanov and Roman Abramovich also face 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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