Startups

WP: US sanctions Chinese company supplying dual-use tech to Russia’s military – Euromaidan Press


The Washington Post reports that one of the Chinese companies that helps Russia with “dual use” equipment for its war against Ukraine is a midsize laser machine tool company, Shandong Oree Laser Technology Co.

The company makes fiber laser cutters, which have civilian applications but are also used in the production of military drones. The US Treasury Department said Oree Laser has shipped metalworking and other equipment to Russia and imposed sanctions on it.

However, for Oree Laser, business seems to be going well, with the company planning to expand its production to 10,000 medium- and high-end laser machines per year.

Moreover, since May, Communist Party officials have visited Oree every month to learn about the Oree’s needs. But without cooperation with the Chinese government, NATO is not able to stop the export of dual-use goods to Russia.

Oree Laser’s business relationship with Moscow appears to have deepened after 2022 and the country’s increasing isolation. The company has established ties with Russian clients, hired more Russian speakers personnel, and participated in major Moscow-based trade fairs.

According to Allen Maggard, an analyst at the Washington-based global security nonprofit C4ADS, the Oree Laser’s fiber laser tools have been used by Russia’s defense industry to produce military drones, reactive armor, and other military equipment.

Read also:

 

 

You could close this page. Or you could join our community and help us produce more materials like this. 
We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia’s war against Ukraine and Ukraine’s struggle to build a democratic society.
A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support.
Become a Patron!





READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.