U.S. Department of Treasury includes Armenia-based company in list of entities subject to new U.S. sanctions against Russia

YEREVAN, September 30. /ARKA/. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) included Taco LLC, an Armenia-based company, in the list of entities subject to the new U.S. sanctions against Russia.

OFAC has expanded the list of individuals and companies subject to anti-Russian sanctions

‘for enabling Russia’s sham referenda and attempt to annex sovereign Ukrainian territories – Donetsk,   Luhansk, and Zaporizhia and Kherson regions’.

Taco LLC is  the Armenian partner of Russia's Radioavtomatika LLC (a supplier of electronic component base (ECB), which has its own testing laboratory for ECB certification tests).  Radioavtomatika pays Taco for importing components and handling the procurement process within Armenia.

According to the U.S. Treasury Department, Taco was designated for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of Radioavtomatika.

The list of sanctioned legal entities also includes companies based in Russia, China and Belarus. -0-