India asks the US to release the money of companies linked to Russia

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India asks US to release coins from diamond companies that may be linked to Russian “Alrosa” Reuters.

The blocked amount is $26 million. The US believes that Indian companies are trying to divert funds to buy rough diamonds in Russia.

In India, these payments were said to be for payment for orders completed before sanctions against Alrosa took effect.

John Kirby, formerly White House National Security Council Strategic Communications Coordinator reported In a regular online briefing, it was stated that the US administration plans to impose new sanctions on Russia and North Korea as Moscow and Pyongyang increase military-technical cooperation.

Washington believes representatives of Russia and North Korea are discussing possible deals in the defense sector. According to Kirby, Moscow is seeking “significant” military assets and raw materials from Pyongyang to aid the Russian military-industrial complex.

Formerly US Treasury extended Sanctions against Russia.

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