The U.S. government on Friday announced a massive sanctions package, including one against a South Korean company, for Russia's ongoing war against Ukraine and the recent death of Russian opposition leader Alexei Navalny. In the Federal Register, the Bureau of Industry and Security under the Commerce Department posted the addition of 93 entities to its trade restriction list, which included Daesung International Trading, the South Korean firm located in the southeastern city of Gimhae. Earlier, President Joe Biden announced more than 500 new sanctions against Russia for its war in Ukraine and the death of Navalny. "These sanctions will target individuals connected to Navalny's imprisonment as well as Russia's financial sector, defense industrial base, procurement networks and sanctions evaders across multiple continents," he said in a statement. "They will ensure Putin pays an even steeper price for his aggression abroad and repression at home," he added.
S. Korean firm included in new U.S. sanctions package for Russia’s war against Ukraine
Recent News
Veteran Cinematographer Lai Cheng-ying Dies at 95
April 19, 2026
Mostly Sunny Skies Over Taiwan on Sunday: CWA
April 19, 2026