U.S. Treasury sanctions Chinese, Russian firms for drone production supporting Ukraine conflict.

The U.S. Treasury has sanctioned two Chinese firms, Xiamen Limbach Aircraft Engine Co. and Redlepus Vector Industry, along with a Russian affiliate, for their roles in producing and shipping long-range attack drones used in Ukraine. These sanctions mark a significant escalation in U.S. efforts to counter Chinese support for Russia's military. The drones have reportedly caused significant damage and casualties in the ongoing conflict.

October 17, 2024
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