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Cyprus-based Entities and Individual Targeted by US Sanctions

The US has imposed sanctions on four Cyprusbased companies and one individual, Ilya Borisovich Brodskiy, for aiding Russia’s military efforts. The companies targeted include Azia Shipping Holdings Limited, Fortiana Holdings Limited, Ibex Shipping Inc, and Stanmix Holding Limited, all involved in strategic industries that support Russia’s war economy.

New Sanctions by the US Against Belgian Business Interests in Cyprus

By Demis Papadopoulos

The US has imposed sanctions on three Cyprusbased companies connected to a Belgian businessman accused of supplying electronic components to the Russian military. This move demonstrates the US’s commitment to international security and its increased scrutiny of businesses that may compromise its interests or violate international law.