A senior US official says Washington has not seen any indications of non-compliance in Asia with export controls on Russia due to its invasion of Ukraine.
“The restrictions have been in place for roughly a month, a little bit over a month, and we certainly haven’t seen any indication that there’s non-compliance, in fact we’ve seen the reverse,” said Matthew Borman, a deputy assistant secretary at the commerce department.
“I think there’s also a fair amount of additional self-sanctioning, if you will, by multinational companies operating in Russia,” he added.
Major players know there is a significant risk to their business if they don’t comply because of actions the US could take, including fines or criminal penalties, Borman said.
“We know that Russia is quite dependent upon foreign supplies for some key inputs like semiconductors so I think it will be relatively readily apparent if there is non-compliance and the task will be to trace that back to its origin.”
