The US Treasury has warned that Indian banks will be subject to sanctions and will lose access to the US financial system if they cooperate with the Russian defense and industrial complex.
“We know that the Russian military relies on the import of sensitive goods, such as machine tools and microelectronics, and turns to foreign financial institutions to facilitate these transactions,” the department said.
Therefore, the US calls on Indian banks within 30 days to take measures to inform Indian businesses about possible US sanctions.
Simultaneously, the head of the British Foreign Ministry, David Lammy, during a meeting with his Chinese colleague Wang Yi, called on Beijing to abandon its support for the Russian Federation. He emphasized Britain’s unwavering commitment to Ukraine and called on China to prevent its companies from supporting Russia’s military-industrial complex.
Also, German Foreign Minister Annalena Baerbock called on China to work more intensively for peace in Ukraine.
“It means, first of all, no support for the aggressor, no support for the Russian Federation,” she emphasized.