Why Japan Sanctioned Indian Company ? | Patel Ansu

Why Japan Sanctioned Indian Company ? | Patel Ansu

Why Japan Sanctioned Indian Company ?A Bengaluru-based tech company is among ten firms targeted by Japan with sanctions for allegedly assisting Russia in evading international economic sanctions.The Ministry of Foreign Affairs of Japan sanctioned the Bengaluru-based firm Si2 Microsystems, which has a complex history, having been banned by the US in November 2023 and sanctioned by the European Union in February 2024.

Si2 Microsystems faced sanctions from the US and the EU for its alleged transport of dual-use technology to Russia. The US Department of Commerce said it was banned “for providing support to Russia’s military and/or defence industrial base” by exporting chips without a license.