Russia; Russia

D. 14 Karbysheva ul., Ulyanovsk, 432072, Russia; 28B Mezhdunarodnoe sh., str. 2, et. 4 kom. 443, Moscow, 141400, Russia; Hanoi, Vietnam

1077328004841, Registration Number; 7328510118, Tax ID No.

Following Russia’s full-scale invasion of Ukraine in February 2022, the Russian Ministry of Transport and the Russian Federal Air Transport Agency approved the use of Russian air cargo companies to transport military goods. These companies included ATRAN LIMITED LIABILITY COMPANY, LIMITED LIABILITY COMPANY VOLGA DNEPR AIRLINES, AIRBRIDGECARGO AIRLINES LIMITED LIABILITY COMPANY, as well as the previously U.S.-designated companies JOINT STOCK COMPANY THE 224TH FLIGHT UNIT STATE AIRLINES, JSC AVIACON ZITOTRANS, and LIMITED LIABILITY COMPANY ABAKAN AIR. Additionally, following Russia’s full-scale invasion of Ukraine, LIMITED LIABILITY COMPANY VOLGA DNEPR AIRLINES signed an agreement with a Russian government entity to create a delivery channel to Russia for critical items in an attempt to circumvent sanctions. LIMITED LIABILITY COMPANY VOLGA DNEPR AIRLINES planned to continue to deliver to Russia electronics, production equipment, high technology and other priority goods. Pursuant to section 1(a)(i), the following entities and individuals are being designated for operating or having operated in the aerospace sector of the Russian Federation economy: LIMITED LIABILITY COMPANY VOLGA DNEPR AIRLINES is a Russia-based airline company that has provided air transportation of extra-heavy and oversized cargo. Additionally, VOLGA DNEPR AIRLINES has attempted to circumvent sanctions by planning to surreptitiously transfer two AIRBRIDGECARGO-owned Boeing 747 aircraft to a PRC-based aviation company. VOLGA DNEPR AIRLINES has transported Russian aircraft parts within Russia on behalf of the U.S.-designated IRKUT CORPORATION JOINT STOCK COMPANY, which develops Russian fighter aircraft. VOLGA DNEPR AIRLINES aircraft have also conducted deliveries of Russian-origin helicopters to foreign customers on behalf of the Russian government.

https://www.state.gov/new-measures-to-degrade-russias-wartime-economy/

2024-08-23

US

Executive Order 14024 of April 15, 2021 Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation

OFAC country specific

Russia

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/1127 • https://ofac.treasury.gov/faqs/1029

In response to the Russian Federation’s continued use of its military-industrial base to support its aggression against Ukraine, the President has issued an Executive Order (E.O.) amending E.O. 14024 that provides the Office of Foreign Assets Control (OFAC) with new authorities to target foreign financial institutions for engaging in certain transactions. Foreign financial institutions that conduct or facilitate significant transactions or provide any service involving Russia’s military-industrial base run the risk of being sanctioned by OFAC. The United States and partners have put in place a sanctions and export controls regime that has severely restricted Russia’s ability to import many of the items that directly support its brutal and unjustified war against Ukraine. As a result, Russia is increasingly using third countries to evade sanctions and continue its procurement of certain critical items. The United States and partners have published multiple advisories, including detailed red flags, to warn the private sector about Russian sanctions evasion in support of its war machine and to support compliance efforts. OFAC’s new targeting authorities, which are aimed at foreign financial institutions that provide services to, or engage in significant transactions relating to, Russia’s military-industrial base, come as a natural evolution of OFAC’s work to counter evasion and hold accountable those perpetuating Russia’s war against Ukraine, including financial facilitators. OFAC is issuing this advisory to provide guidance to foreign financial institutions on the amendments to E.O. 14024, including practical guidance on how to identify sanctions risks and implement corresponding controls. For additional guidance on this E.O., please see FAQs 1146–1157.

SDN / NS-MBS / CAPTA