Top US Treasury official to warn UAE, Turkey over sanctions evasion

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Brian Nelson, undersecretary for terrorism and financial intelligence, will travel to Oman, UAE, and Turkey from January 29 to February 3 to reiterate that Washington will continue to aggressively enforce its sanctions.

as the two NATO allies disagree over a host of issues.

Nelson will visit Ankara, the Turkish capital, and financial hub Istanbul on February 2 to 3. He will warn businesses and banks that they should avoid transactions related to potential dual-use technology transfers, which could ultimately be used by Russia’s military, the spokesperson said.Washington and its allies have imposed several rounds of sanctions targeting Moscow since the invasion, which has killed and wounded thousands and reduced Ukrainian cities to rubble.

It has also ramped up trade and tourism with Russia. Some Turkish firms have purchased or sought to buy Russian assets from Western partners pulling back due to the sanctions, while others maintain large assets in the country.

 

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Top US Treasury official to warn Mideast countries over sanctions evasionBrian Nelson, undersecretary for terrorism and financial intelligence, will travel to Oman, UAE, and Turkey from January 29 to February 3 to reiterate that Washington will continue to aggressively enforce its sanctions.
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