World

US sanctions five Turkey-based firms in broad Russia action against 100 targets

The Biden administration on Thursday imposed sanctions on five Turkish companies and a Turkish national, accusing them of helping Russia evade sanctions and supporting Moscow in its war against Ukraine.

The designations, first reported by Reuters, target shipping and trade companies accused of helping repair sanctioned vessels tied to Russia’s defense ministry and helping the transfer of “dual-use goods.” The move is part of a bigger package of measures hitting Russia with sanctions on about 150 targets, including the country’s largest carmaker.

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The action comes at a delicate moment for US-Turkey relations, with Washington hoping Ankara will ratify NATO membership for Sweden when the Turkish parliament reconvenes in early October.

The United States and its allies imposed extensive sanctions on Russia after its invasion of Ukraine, but supply channels from Black Sea neighbor Turkey and other trading hubs have remained open, prompting Washington to issue repeated warnings about the export of chemicals, microchips and other products that can be used in Moscow’s war effort.

Multiple senior US officials, including Deputy Treasury Secretary Wally Adeyemo, have traveled to Turkey since Russia’s February 2022 invasion of Ukraine as part of a pressure campaign to prevent any Turkish companies from helping Russia circumvent US curbs.

“For the past 18 months, we’ve shared our concerns with the Turkish government and private sector and informed them of the significant risks of doing business with those we’ve sanctioned who are tied to Russia’s war,” a senior Treasury official said, speaking on the condition of anonymity.

“These designations reflect our ongoing commitment to target individuals and entities who provide material support to sanctioned entities,” the official added.

Blocking dual-use goods

The US Treasury Department in a statement said it imposed sanctions on Margiana Insaat Dis Ticaret and Demirci Bilisim Ticaret Sanayi, saying the Turkey-based companies were among those that Russia relied on for importing “much-needed dual-use goods to enable its unprovoked war of aggression on Ukraine.”

It said the former has made hundreds of shipments to sanctioned Russian entities that are part of the supply chain for producing military drones used in the Ukraine war, while the latter has sent sensors and measuring tools into Russia.

Reuters could not immediately reach the companies for comment.

The US State Department imposed sanctions on Denkar Ship Construction for providing ship repair services to previously designated vessels of a company connected to the Russian Defense Ministry.

Denkar did not immediately respond to a request for comment.

The State Department also targeted Turkey-based shipyard agency ID Ship Agency and its owner Ilker Dogruyol as well as CTL Limited, which the State Department said was an intermediary that ships electronic components of US- and European-origin to companies in Russia.

The firms and Dogruyol had no immediate comment.

The broader sanctions package targets Russia’s industrial base, maritime sector and technology suppliers, as well as facilities producing and repairing Russian weapons systems.

Among those targeted was Russia’s largest carmaker, Avtovaz, while Gaz Group – another automotive manufacturer – was hit with a new round of sanctions. Avtovaz did not immediately respond to a request for comment.

The US also imposed sanctions on a major local copper producer – Russian Copper Company.

A Finland-based network that specializes in shipping foreign electronics to Russia-based end-users was also targeted in the action as Washington cracks down on sanctions evasion. The Treasury slapped sanctions on Finland-based logistics firms Siberica Oy and Luminor Oy, accusing them of sending a wide variety of electronics into Russia.

Russia’s construction sector, revenue streams from extractive industries and Russia-based banks, wealth management consulting, auditing and investment firms were also hit in the action.

NATO membership

NATO member Turkey has sought to maintain good relations with both Moscow and Kyiv amid the war. It opposes the sanctions on principle but has said they will not be circumvented in Turkey and that no shipped products can be used by Russia’s military.

Ties with the US have been strained over Turkey’s reluctance to support the bids of Sweden and Finland to join NATO after Russia invaded Ukraine. While Finnish membership was sealed in April, Sweden’s application remains held up by Turkey and Hungary.

Ankara has accused Sweden of harboring militants hostile to the Turkish state, mainly members of the outlawed Kurdistan Workers Party (PKK), deemed a terrorist organization by Turkey, the European Union and United States.

After months of objections, Turkish President Recep Tayyip Erdogan agreed at a NATO summit in July to forward Sweden’s NATO bid to the Turkish parliament for ratification, but the exact timing of the approval remains unclear.

The United States has repeatedly said Sweden has done enough to alleviate Turkey’s concerns and that its membership should be approved now.

US approves $5 bn sale of fighter jets to South Korea

US to impose sanctions on Russia, North Korea for any new arms deals

World

Crown Prince of Abu Dhabi meets with CEOs of leading Norwegian companies

H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with a group of CEOs from leading Norwegian companies, as part of their participation in the UAE-Norway Investment Forum, held alongside his official visit to the Kingdom of Norway.

During the meeting, H.H. Sheikh Khaled bin Mohamed bin Zayed underscored the UAE leadership’s commitment to strengthening economic cooperation with its international partners.

He highlighted that investment in innovation and knowledge is a cornerstone for achieving sustainable development, noting that enhancing collaboration with Norwegian companies across key sectors will open new avenues for mutual economic growth between the two countries.

The UAE-Norway Investment Forum, taking place in Oslo, aimed to highlight available investment opportunities and strengthen trade relations between the UAE and Norway, fostering shared interests and supporting innovation and knowledge-based economic visions.

-wam

World

At the Indonesia International Book Fair 2024, TRENDS inaugurates 10th global office, releases four books

As part of its Asian research tour, partnership with Aletihad News Center, and
primary sponsorship of the Indonesia International Book Fair 2024, TRENDS
Research & Advisory inaugurated its office in Jakarta, marking its 10th location
worldwide. It also released four books in Indonesian.
The inauguration event was attended by ambassadors of the UAE, Bahrain, and
Jordan to Indonesia, chairpersons of the UAE and Indonesian Publishers’
Associations, the Director of TRENDS’ Jakarta office, and a group of researchers
and academics.
Speaking at the event, Dr. Mohammed Abdullah Al-Ali, CEO of TRENDS
Research & Advisory, stated that TRENDS’ international offices—set to reach 15
by the end of 2024—aim to enhance the Center’s research efforts and deepen its
role in disseminating knowledge, thus serving as a global knowledge bridge.
He emphasized, “At TRENDS, we believe in the importance of cooperation
between think tanks and prioritize this endeavor. We believe the TRENDS office in
Jakarta will enhance the exchange of knowledge and ideas between think tanks in
Asia and the Middle East, opening new horizons for collaboration in various
fields.”

Four books in Indonesian
As part of the Jakarta office’s inaugural activities, four books were released in
Indonesian, including the 11th and 12th books of the Muslim Brotherhood
Encyclopedia and Global Trends in AI and Automation and the Future of
Competition between Man and Machine: An Analytical Forward-looking Vision.

Hostility to Arab states
The 11th book of the Muslim Brotherhood Encyclopedia, The Concept of the State
According to the Muslim Brotherhood, highlights its hostile stance toward Arab
states since its inception. The group views them as an obstacle to its ascent to
power. It opposed the modern principles upon which these states were built,
considering them incompatible with the group’s unique interpretation of Islam,
which it claimed to embody exclusively.

Exclusion of nonconformists
The 12th book, The Muslim Brotherhood: Rejection of Tolerance and Exclusion of
Nonconformists, examines the Muslim Brotherhood’s stance towards
nonconformists, individuals, and entities. The book reveals the group’s binary view
of the world, categorizing others as allies or adversaries. It ties these relationships
to the Brotherhood’s internal power struggles and self-serving interests.

Global Trends in AI
The third book, Global Trends in AI, explores significant developments in AI and
its impact on various aspects of life, including the economy, society, and
governance. It also offers a comprehensive analysis of technological advancements
in AI, its applications across sectors, the ethical and social challenges it presents,
and its future trajectory.

Automation

The fourth book, Automation and the Future of Competition between Man and
Machine: An Analytical Forward-looking Vision, addresses the growing challenges
faced by the human workforce in the face of widespread automation and AI
applications. The book concludes that while automation presents a significant
challenge to the labor market, it simultaneously creates new opportunities. It
emphasizes the importance of preparing for this shift through skills development,
continuous education, and adopting economic and social policies that support the
workforce.

Prominent pavilion and active presence
The TRENDS’ pavilion at the Indonesia International Book Fair has attracted
numerous visitors, including academic researchers and officials, such as the
ambassadors of the UAE, Bahrain, Qatar, Jordan, and Turkey. Additionally,
chairpersons of Arab and Indonesian publishers’ associations, authors, publishers,
and students visited the pavilion. All were impressed with and praised TRENDS’ diverse, valuable publications. They also commended TRENDS’ active
international presence and ability to address global developments with rigorous
analytical research.
Dr. Mohammed Abdullah Al-Ali honored the esteemed guests, including
ambassadors of the UAE and Bahrain to Indonesia, Wedha Startesti Yudha,
Chairperson of the Indonesia International Book Fair Committee, Arys Hilman
Nugraha, Chairman of the Indonesian Publishers Association, and others,
presenting them with TRENDS’ publications and commemorative shields.
Additionally, he awarded TRENDS’ Research Medal to Ni Made Ayu Martini
Indonesian Deputy Minister of Marketing, Tourism and Creative Economy
It is worth noting that during its current Asian research tour, TRENDS announced
the launch of the TRENDS Research Medal, awarded to individuals who make
significant contributions to the development of scientific research and promote collaboration with TRENDS in strengthening a culture of research across various fields.

World

US determined to prevent full-scale war in Middle East, Joe Biden tells UNGA79

US President Joe Biden highlighted the US Administration’s determination to prevent a wider war that engulfs the entire Middle East region, noting that a diplomatic solution “remains the only path to lasting security to allow the residents from both countries to return to their homes on the border safely”.

In remarks he made today before the 79th Session of the United Nations General Assembly (UNGA79), the US President said, “Full-scale war is not in anyone’s interest,” adding that a diplomatic solution is still possible.

He also touched on “the rise of violence against innocent Palestinians on the West Bank”, and the need to “set the conditions for a better future”, which he said featured “a two-state solution, where the world — where Israel enjoys security and peace and full recognition and normalised relations with all its neighbours, where Palestinians live in security, dignity, and self-determination in a state of their own”.

President Biden underscored the ceasefire and hostage deal put forth by Qatar and Egypt, which the UN Security Council endorsed. He said, “Now is the time for the parties to finalise its terms, bring the hostages home,” adding that this would help ease the suffering in Gaza, and end the war.

-WAM