Milur Electronics News Today

From the blog of Michael Jankelowitz at The Times of Israel

Banks in Armenia, Kazakhstan, and Hong Kong have lately been blocking payments from Russian companies for processors, microcircuits, and other electronics supplied through "parallel import" schemes. — Ukrinform.

On April 12, the United States Treasury Department’s Office of Foreign Assets Control (OFAC) placed more than 100 people and entities across over 20 countries on its sanctions list due to violations of US export controls in helping Russia with its war effort (Treasury.gov, April 12). Among the newly sanctioned entities included on the list was TAKO LLC, a company …

The USA has imposed export restrictions on several Armenian companies Azernews reports citing Armenian media outlets.

Following the Kremlin’s 24 February 2022 military campaign in Ukraine, Russia overtook Iran as the most sanctioned country in the world. Russia is seeking to bypass these sanctions with the help of its shrinking number of allies – mainly Iran and Armenia, while selling crude oil no longer imported into Europe at discounted rates to […]

The growing alliance between Armenia, Russia and Iran is more dangerous than the Biden administration appears to think.

<p><span>Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), alongside the U.S. Department of State, sanctioned a transnational network procuring technology that supports the Russian military-industrial complex. OFAC also designated a global network of financial facilitators, enablers, and others associated with two key Kremlin-linked elites whose fortunes are intertwined with the West. In total, today’s actions designated 14 indi...

Among others, the Armenian company Milur Electronics LLC and its affiliated Swiss citizen...