The United States has removed sanctions from several foreign companies previously accused of supplying equipment to Russia, including items linked to its defense and military-industrial sectors.
The changes were published on the US Treasury Department’s website on December 18, without any explanation for the move.
Cyprus-based investment firm and its owner delisted
Among the firms removed is Cyprus-based Veles International Limited and its owner, Dmytro Buhaienko. While the company is tied to an investment group based in Moscow, US sanctions remain in place against its Russian legal entities.
Veles was originally sanctioned in 2023 for operating in Russia’s financial sector and working with wealthy Russian private individuals.
Dubai and Turkish firms linked to military exports also dropped
Other companies taken off the sanctions list include Dubai-based 365 Days Freight Services FZCO and Türkiye’s Etasis, both of which had been linked to exports of restricted equipment used for military purposes in Russia.
When 365 Days was originally sanctioned in November 2023, the Treasury said the company “specializes in moving high-value goods and computer components” and “has shipped high-priority goods, including machines for the reception, conversion, and transmission of data, to Russia.”
Finnish supplier of optoelectronic equipment removed
The Treasury also lifted restrictions on Finland’s Hi-Tech Koneisto and its director, Yevheniia Dremova. The company had supplied optoelectronic and laboratory equipment to Russian firms already under sanctions.
Turkish machine tool supplier delisted; Russian buyer remains sanctioned
CPS Proses Kontrol Urunleri, a Turkish company, had previously been sanctioned for sending German- and US-made machine tools to a Russian defense contractor. While the company itself is no longer under US sanctions, the Russian contractor it supplied remains restricted.
US authorities did not indicate whether the removals reflect changes in compliance, enforcement priorities, or broader sanctions policy toward Russia.
The delistings come as White House negotiators have met with Russian President Vladimir Putin in Moscow to push a US deal to end the war in Ukraine, and days after the Treasury extended authorization for Lukoil-branded gas stations outside Russia to continue operating.
A song springs to mind.
An old one from my youth and the legendary band (if you are of my age group and followed West Coast music of the 1960s that it):
ttps://www.youtube.com/watch?v=bnKby42E4tU&list=RDbnKby42E4tU&start_radio=1
Roger
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Well that’s mean of WP it should show the YouTube clip…try again….
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Hi Roger. I agree that it really seems tRump is bought and well owned by Putin. Hugs
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It is the most ridiculous stance. The US right only supporting Russia because the USA liberals and moderates don’t – childish and naïve – Russia has always played a long game and uses the willing innocents until it finds better deals, then castes them aside.
Take care guys.
Roger & Sheila 🌻🌻
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Hi Roger. tRump supporting Putin is one thing. But sadly the fundamentalist evangelical Christians love how Putin simply erased the LGBTQ+ community out of public life and gave the church more power over the lower incomes. That is the goal these people have for the US and they need an authoritarian government like Russia’s one party rule to make it happen. It scares me that these people will ignore all other red flags simply to remove a group of people they hate from society. Hugs
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Very much a facet of their belief system. They require everything to fit into neat boxes because of the narrowness of their own ideas. Flexibility and Tolerance are an anathema to them.
Eventually it will consume them and leave them bitter angry shells who cannot see the beauty around them.
Take care you guys.
Roger
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