Hong Kong firms among hundreds hit with US sanctions for …
Jun 13, 2024 · At least 21 Hong Kong-based companies and four people associated with them were among hundreds hit by new US sanctions aimed at cutting off Russia’s access to international materials and...
Hong Kong major sanction evasion route, alleges report
Jul 23, 2024 · Hong Kong's government and local businesses undermine sanctions by deliberately facilitating the transfer of restricted and sensitive technology to naughty regimes, according to a report released on Monday by the nonprofit Committee for Freedom in Hong Kong Foundation.
Treasury Takes Aim at Third-Country Sanctions Evaders and Russian ...
Oct 30, 2024 · Established in March 2023, Hong Kong-based 3K Group Limited (3K Group) has sent more than 300 shipments to Russia-based end-users, including U.S.-designated Inelso OOO. 3K Group’s shipments to Russia have included high-priority dual-use technology such as electronic integrated circuits, tantalum capacitors, and multilayer ceramic capacitors ...
Hong Kong’s Technology Lifeline to Russia
May 17, 2023 · High levels of semiconductor trade between Hong Kong and Russia, as well as the Hong Kong government’s public scorn for Western sanctions, have made Hong Kong’s allegiance clear: it sits firmly in the camp of an emerging China-Russia axis.
Exclusive | Hong Kong-Russia ties growing despite ‘illegal’ …
Oct 28, 2024 · Russian companies have faced difficulties accessing Hong Kong’s banking services following Western sanctions, but the country’s top envoy to the city has brushed off the impact on bilateral...
What is Hong Kong role in Russia's sanction evasion?
Dec 21, 2022 · The latest reports out of Hong Kong indicate that Russian-affiliated corporations in Hong Kong had evaded western sanctions by exporting chips and even military drones to Russia.
Don’t help Russia evade sanctions, Ukraine tells Hong Kong - CNN
Jul 26, 2024 · Ukraine’s Foreign Minister Dmytro Kuleba urged Hong Kong to prevent Russia from using the Asian financial hub to bypass Western sanctions during a visit to the city on Thursday.
Hong Kong keeps Russia’s dark fleet afloat | Lowy Institute
As a fleet of between 600 and 1,000 mostly ageing vessels continues to sail under the umbrella of suspected flags of convenience to evade international sanctions against Russia, the role of Hong Kong in undermining the measures has become clear according to a much-cited report by the Washington DC-based Committee for Freedom in Hong Kong ...
US Warns Hong Kong Against Ties to Russia - dagens.com
In response, the US, under former President Donald Trump, imposed sanctions on Hong Kong’s leaders. In November, the US Office of Foreign Assets Control (OFAC) sanctioned more than 50 Russian banks, including Gazprombank, as well as 40 securities firms and 15 individuals.
Exclusive: Illicit chip flows to Russia seen slowing, but China, Hong ...
Jul 21, 2024 · Both Hong Kong and China are seen by the U.S. government as key global nodes for Russia to source materials for its military, including semiconductors and drone parts.