It Is Known Which Armenian Company Has Been Included in the EU Sanctions List

In the 11th package of EU sanctions, an Armenian company has been included. The European Commission states in its decision regarding this latest package of sanctions that 87 companies have been added to the list targeting Russia. These companies will face restrictions on the sale of high-tech goods, including dual-use items, to ensure that these companies do not resell these products in Russia.

The list includes companies from China, Uzbekistan, the United Arab Emirates, Syria, and Armenia. Only one company from Armenia has appeared on the list - Taco LLC.

Additionally, it is worth mentioning that two companies registered in Armenia are on the US Department of the Treasury's Office of Foreign Assets Control sanctions list (Specially Designated Nationals List) - the aforementioned Taco and Milur Electronics.

According to the data presented on the list, both companies are engaged in wholesale electronics sales. Taco has links to the Russian company Rodioavtomatika, which is also involved in electronics sales, while Milur is associated with the Russian manufacturer of integrated microchips, Mililandi.

Earlier, we reported that the European Union has approved the 11th package of sanctions against Russia. These have affected 87 companies that, according to the EU, support Russia.