Ukraine introduced sanctions against one Chinese and three Iranian companies on Friday, according to a presidential decree.
Kiev, Ukraine © Mena Today
Ukraine introduced sanctions against one Chinese and three Iranian companies on Friday, according to a presidential decree.
The sanctions list includes Smart Kit Technology Limited from Hong Kong, and Alvand Motorbuilding Industries Company, Bonyan Danesh Shargh Private Company and Pishro Sanat Aseman Sharif Private Company registered in Iran.
No reason was given in the decree for introducing restrictions but Ukraine has previously accused both China and Iran of supporting Russia's war effort.
Reporting by Yuliia Dysa
The UAE Central Bank announced Saturday an inspection of Egyptian state-owned Banque Misr's UAE branches, targeted a day earlier by US sanctions over alleged involvement in financial transactions with Iran.
Iranian leaders are acknowledging the economic toll of war with the U.S., with the supreme leader urging the government to address the hardship and the president saying foreign trade has shrunk by a third due to the American sanctions and blockade.
The U.S. imposed Iran-related sanctions on an Egyptian bank on Friday, part of Treasury Secretary Scott Bessent's campaign to increase economic pressure to try to break a stalemate six months into Washington's war with Iran.
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