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 …
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 …
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 …
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 …
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 …
Hong Kong’s Key Role in Illicit Trade with Russia, Iran, and North ...
Jul 22, 2024 · Hong Kong Chief Executive John Lee’s statement in October 2022 that the territory would not enforce global sanctions on Russia gave a green light to illicit operators to set up …
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.
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 …
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 …
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.