By John Eggerton, Multichannel News, 2-24-22
High-tech communications technology exported to Russia is one of the categories subject to controls under newly imposed U.S. sanctions due to Russia’s invasion of Ukraine.
President Joe Biden announced the sanctions Thursday (Feb. 24) in a speech to the nation. The White House said the sanctions would impose “devastating costs” on Russia.
“The unprecedented export control measures will cut off more than half of Russia’s high-tech imports, restricting Russia’s access to vital technological inputs, atrophying its industrial base, and undercutting Russia’s strategic ambitions to exert influence on the world stage,” the White House said. » Read More