All news

EU imposes sanctions against Indian Si2 Microsystems, Sri Lankan Euro Asia Cargo

Euro Asia Cargo's areas of activity include freight forwarding, tourism operations, and airline representation

BRUSSELS, February 23. /TASS/. The European Union imposed export restrictions on Indian microelectronics company Si2 Microsystems and private Sri Lankan freight forwarding firm Euro Asia Cargo, which, according to Brussels, are participating in Russia's efforts to overcome sanctions, according to the resolution of the Council of the European Union, published in the Official Journal of the EU.

According to Si2 Microsystems' website, its activities include designing and assembling integrated circuits for the commercial, military and space sectors. Euro Asia Cargo's areas of activity include freight forwarding, tourism operations, and airline representation.