Trade Trade

Comment: US sanctions against Rostec strike at heart of Russia’s defense-industrial base

By Samuel Rubenfeld
  • 28 Jun 2022 23:46
  • 28 Jun 2022 23:46
With its latest round of sanctions, the US Treasury Department placed the hammer on the cornerstone of Russia’s defense, industrial, technology and manufacturing sector: Rostec.
Established by presidential decree in late 2007, Rostec was formed to consolidate Russia’s industrial assets. The Russian state enterprise has more than 800 entities across

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Samuel Rubenfeld

Reporter


Samuel Rubenfeld is a reporter covering cases of bribery and corruption and some international trade issues. Prior to joining MLex, he was editor of the Kharon Brief, a news and data analysis platform focused on global security issues, including sanctions and export controls. Earlier in his career, Rubenfeld spent about a decade at The Wall Street Journal, including nearly nine years as a reporter covering corporate risk and compliance concerns such as bribery, money laundering, sanctions, terrorist financing and whistleblowers.

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