US bans sale of smartphones valued over $300 to Belarus, Russia
The US Department of Commerce will be publishing a new rule on Monday that revises its "luxury goods' sanctions" list so as to include the ban on exporting smartphones and other electrical goods worth more than $300 to Russia and Belarus.
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The new Apple iPhone SE is displayed at the Apple Store on 5th Avenue shortly after it went on sale in Manhattan in New York City, New York, U.S., March 18, 2022. (Reuters)
The US Department of Commerce will be publishing a new rule on Monday that revises its "luxury goods' sanctions" list so as to include the ban on exporting smartphones and other electrical goods worth more than $300 to Russia and Belarus, the Federal Register reported on Sunday, citing a document issued by the Bureau of Industry and Security.
"...the Department of Commerce is expanding and strengthening the existing sanctions against Russia and Belarus, including the scope of the Export Administration Regulations (EAR)'s Russian and Belarusian industry sector sanctions and `luxury goods' sanctions. This rule also refines existing export controls on Russia and Belarus," the document says.
The updated sanctions list now includes "smartphones, valued at $300 per unit wholesale price in the US," as well as TVs, printers, sound recorders, grillers, vacuum cleaners, electronic calculators, keyboards, air coolers, fire alarms and other devices within the same price range.
Japan, other G7 leaders adopt new Russian sanctions
Japanese Prime Minister Fumio Kishida and other G7 leaders adopted new sanctions against Russia over the war in Ukraine at an online G7 summit on Friday, marking the one-year anniversary of the NATO-backed war.
Leaders renewed commitments to "intensifying our diplomatic, financial and military support for Ukraine, to increasing the costs to Russia and those supporting its war effort,” according to Kishida.
The G7 countries affirmed their commitment to face Russia and prevent it from obtaining military equipment and technology while calling on countries to stop providing it with military support.
