Russia; Russia; Russia

ul. Sh-2 (Oez Alabuga Ter.) 4/1, Yelabuga, 423600, Tatarstan, Russia; Promploshchadka Alabuga, ul. Sh-2, Korp. 4/1, Yelabuga, 423600, Volga federal region, Republic of Tatarstan, Russia

1646019914, Tax ID No.; 1061674037259, Registration Number; 95427882, Government Gazette Number

Russia-based Joint Stock Company Special Economic Zone of Industrial Production Alabuga (SEZ Alabuga) maintains a contract with the Russian military to assemble Geran-2 UAVs that were shipped from Iran, while increasing domestic production capability to produce many of the components for the Iranian-designed UAVs in Russia. SEZ Alabuga is expected to ramp up production under their contract to produce thousands of UAVs through 2025. SEZ Alabuga is owned and controlled by the Government of the Republic of Tatarstan. SEZ Alabuga has exploited underage students from an affiliated polytechnic university as laborers to assemble these attack UAVs in exploitative conditions. Albatros OOO (Albatros) is a Russia-based UAV manufacturer that produces the “Albatross M5” UAV that has been operated by the Russian military for reconnaissance against Ukrainian forces. Albatros has partnered with SEZ Alabuga to expand their manufacturing capability through a new facility at SEZ Alabuga. Limited Liability Company Drake (Drake) is a Russia-based company contracted to receive UAV parts, components, and raw materials from Iran for use in Iranian-designed, Russian-manufactured UAVs. Drake is also involved in a scheme with SEZ Alabuga and Russia-based Alabuga Development OOO to procure commercial UAVs that would be modernized and weaponized for use by the Russian military. SEZ Alabuga, Albatros, and Drake were designated pursuant to E.O. 14024 for operating or having operated in the defense and related materiel sector of the Russian Federation economy.

https://home.treasury.gov/news/press-releases/jy2117

2024-02-23

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