New Delhi: In the wake of the US imposing sanctions on several Indian companies for allegedly supporting Russia's military-industrial establishments, the Ministry of External Affairs on Saturday cleared the picture.

The Ministry of External Affairs said that Indian companies are working within the ambit of the laws. India is in touch with US officials to resolve the issue. Let us tell you that these Indian companies and people are accused of supplying material and technology to Russia during the ongoing war in Ukraine.

What did the ministry say?

Foreign Ministry spokesperson Randhir Jaiswal said during the weekly press conference that we have seen reports on US sanctions. India has a strong legal and regulatory framework on strategic trade and non-proliferation control. He said that we are also a member of three major multilateral non-proliferation export control regimes.

Jaiswal said, 'We are working with all the concerned departments and agencies to make Indian companies aware of the export control provisions in force. They are also being informed about the new measures being implemented. These measures may affect Indian companies in some circumstances.'

America had imposed sanctions on 275 companies

Let us tell you that the US has imposed sanctions on 275 individuals and companies, including 15 from India, for supporting Russia's military-industrial establishments. The US Treasury Department said in a statement on Thursday that companies from China, Switzerland, Thailand and Turkey have also been banned for supplying advanced technology and equipment to Russia.

The US on Wednesday took further tough action against Russia and imposed sanctions on 398 companies. These companies from more than a dozen countries, including India, Russia, China, Hong Kong, UAE, Turkey, Thailand, Malaysia, Switzerland, are accused of providing products and services related to enabling Russia to fight and helping it avoid sanctions.

The objective is to prevent aid from reaching Russia  

These efforts by the US Treasury and Homeland Security are aimed at punishing all countries that are providing material support to the Kremlin or helping it evade thousands of sanctions imposed on Russia since its attack on Ukraine in February 2022.