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By connecting several less-advanced chips into one, Chinese companies could circumvent the sanctions set by the US government.

Law enforcement authorities from five countries have dismantled a suspected Dutch international smuggling network accused of violating export sanctions to Russia, seizing assets and arresting three individuals accused of running the operation, European Union Agency for Criminal Justice Cooperation (Eurojust) announced in a statement on Jan. 23.

Onion Export Ban: India plans to lift the ban on onion exports due to a significant drop in vegetable prices in the main producing regions. The ban was imposed on December 8, following domestic prices doubling in three months due to production decline. Prices have dropped by 20% to Rs 1,500 per quintal, with fresh kharif onions increasing to 15,000 quintals daily.

The Indian government's decision to ban onion exports until March 2024 resulted in a drastic 60% price decline in less than three weeks. The ban aimed to address issues like under-invoicing and wrong export policies, including the absence of a fixed floor price with the initial export duty and the subsequent removal of duty without a minimum export price.

India plans to lift the ban on onion exports due to a significant drop in vegetable prices in the main producing regions. The ban was imposed on December 8, following domestic prices doubling in three months due to production decline. Prices have dropped by 20% to Rs 1,500 per quintal, with fresh kharif onions increasing to 15,000 quintals daily.