▲ This image, captured from the website of the Treasury Department, shows a press release on new Russia-related sanctions. (PHOTO NOT FOR SALE) (Yonhap)

US-Russia sanctions

S. Korean national included in latest U.S. sanctions against Russia's war efforts

By Song Sang-ho

WASHINGTON, Dec. 12 (Yonhap) -- The United States on Tuesday sanctioned a large number of individuals and entities, including a South Korean national, the Department of the Treasury said in the latest effort to undermine Russia's military procurement efforts amid its war in Ukraine.

The Treasury Department imposed sanctions on more than 150 individuals and entities for supplying Russia's military-industrial base, while the State Department concurrently sanctioned over 100 entities and individuals, according to the government.

On the latest Treasury sanctions list was a South Korean citizen surnamed Lee, which the Treasury Department described as a key procurement agent for AK Microtech, a Russia-based firm specializing in transferring foreign semiconductor technology to Russian microelectronics production companies. AK Microtech was designated by the U.S. in July.

"Lee has directed a system of front companies and complex payment networks to acquire equipment and technology for AK Microtech, including technology critical for semiconductor production, from South Korean, Japanese, and U.S. manufacturers," the department said in a press release.

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