United States Department of Commerce has announced a tightened policy to deny export license applications for any high-technology items that could contribute to Russia's military capabilities, the press release from the White House said on April 28.
The ministry also will revoke any existing export licenses that meet these conditions.
The Department of Commerce has imposed additional restrictions on 13 of 17 Russian companies, which are subject to an asset freezes, “by imposing a license requirement with a presumption of denial for the export, re-export or other foreign transfer of U.S.-origin items to the companies,” reads the press release.
