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Two Canadian Firms Included in U.S. Sanctions List for Alleged Support to Russia

The seal of the Department of Commerce is seen, before Commerce Secretary Wilbur Ross holds a news conference to make an announcement, after a background conference call with Commerce, Justice Department and Treasury Department officials at the Department of Commerce in Washington, U.S., March 7, 2017. REUTERS/Eric Thayer
The seal of the Department of Commerce is seen, before Commerce Secretary Wilbur Ross holds a news conference to make an announcement, after a background conference call with Commerce, Justice Department and Treasury Department officials at the Department of Commerce in Washington, U.S., March 7, 2017. REUTERS/Eric Thayer

The United States’ list of recently sanctioned entities for alleged support for Russia’s war effort in Ukraine includes two Canadian companies, U.S. and Canadian authorities said on Monday.

The two electronics distribution companies from Montreal – Cpunto Inc and Electronic Network Inc – were listed for “acting contrary to the national security or foreign policy interests of the United States” and are subject to U.S. export restrictions, according to the U.S. Commerce Department.

The U.S. government on Thursday called on companies to ensure they comply with Russia-related sanctions imposed after Moscow’s invasion of Ukraine, warning that a failure to do so could lead to potential prosecution or enforcement actions.

The Commerce Department recently imposed export curbs on nearly 90 Russian and third-country companies and prohibited them from buying items such as semiconductors.

Related Story: China to Import Record Amounts of Russian Oil in Defiance of U.S. Led Sanctions

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