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US slaps Chinese arms procurer with sanctions for buying advanced Russian weapons

From rt.com

US Secretary of State Mike Pompeo has authorized the addition of 33 Russian defense and intelligence officials and entities to the ever-growing US sanctions list and also targeted a Chinese military entity for buying Russian arms. The Countering America's Adversaries Through Sanctions Act (CAATSA) of 2017 instructs the US administration powers to target Russia, Iran and North Korea with various sanctions and restricts them from lifting previously imposed sanctions without congressional approval. Anyone dealing with those on the sanctions list faces at least a warning from the US as well. In addition to extending the ... (full story)

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  • Category: Fundamental Analysis