US sanctions Chinese firms behind Russian drones, as Zelensky calls for ‘pressure’

US sanctions Chinese firms behind Russian drones, as Zelensky calls for 'pressure'

US sanctions Chinese firms behind Russian drones, as Zelensky calls for 'pressure' | INFBusiness.com

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The United States has sanctioned two Chinese companies it says are involved in the production of aerial drones used by Russia in its war in Ukraine.

In a statement, the US Treasury said it was also targeting a Russian company and its owner, Artem Yamshchikov, who it said serve as an intermediary between the firms and a Russian state-owned weapons company.

The move means their property and interests within US control have been seized.

It came as Volodymyr Zelensky outlined his "victory plan" in a speech to the EU Council – in which he said Ukraine had intelligence that "China is still actively helping Russia drag out this war".

The US Treasury said it had sanctioned Xiamen Limbach Aircraft Engine Co – which makes engines that power Russia's Garpiya long-range drones – and Redlepus Vector Industry Shenzhen Co for its involvement in shipment.

US State Department spokesman Matthew Miller said the unmanned aerial vehicles (UAVs) had "been used to destroy critical infrastructure and has resulted in mass casualties".

Thousands of the so-called suicide drones have been produced since last year, according to the Reuters news agency.

"Russia increasingly relies on the expertise of foreign professionals and the import of sophisticated technologies to sustain its weapons program," US Treasury official Bradley Smith said.

Speaking to the EU Council on Thursday, the Ukrainian president also accused North Korea and Iran of aiding Russia's war effort.

"[Russian President Vladimir] Putin wants to match your countries’ ammunition production by next year," he told European leaders.

"Please don’t ease the pressure of sanctions on Russia – it truly helps."

Elsewhere in his speech, Zelensky outlined the five-point victory plan he revealed to the Ukrainian parliament on Wednesday.

He said that Ukrainian forces could hold the front line within his country while continuing to attack Russian territory – if allies provide the weapons Ukraine has requested.

Zelensky also said another point in his plan – an invitation to join Nato – would bolster Ukraine's negotiating position, but suggested this would not mean immediate membership of the military alliance.

"Russia has used the geopolitical uncertainty caused by Ukraine not being in Nato," he told the EU Council, adding that "an immediate invitation to Ukraine to join Nato would be decisive".

He added: "Of course, membership would follow later."

But the Ukrainian leader said that applying military pressure to Russia was needed to achieve an equitable peace – including being permitted to use long-range missiles on Russian soil.

"We propose placing on Ukrainian land a deterrence package that would either force Russia to participate in real peace negotiations or allow for the destruction of their military targets," Zelensky said.

Describing this as a "peace through strength approach", he added: "Putin should respect our strength, not have the free world tremble at his threats."

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Source: bbc.com

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