Washington, April 25 (IANS) US Treasury Assistant Secretary for Terrorist Financing Jonathan Burke has told lawmakers that sanctions remain a central tool to cut off adversaries from the American financial system and disrupt illicit activity.“Sanctions can be useful to isolate those sanctions targets and make sure they don’t have access to the US financial system,” Burke told lawmakers.Testifying before a House subcommittee, Burke said sanctions serve both as a direct enforcement tool and …
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Washington, Feb 12 (IANS) The United States has claimed India has been “reducing” its purchases of Russian oil and diversifying energy imports, as lawmakers pressed the State Department on enforcement challenges tied to Moscow’s war in Ukraine. During a House subcommittee hearing on South and Central Asia on Wednesday (local time), Republican Rep. Keith Self raised concerns that continued Russian oil sales were helping finance the war.“The sale of Russian oil continues to fund the Ukrain…
Washington, Feb 12 (IANS) The United States expressed optimism ahead of Bangladesh’s elections, describing the vote as a new chapter in its engagement in South Asia, even as lawmakers debated how Washington should support democratic transitions in the region.Testifying before a House subcommittee hearing on South and Central Asia on Wednesday (Local time), Assistant Secretary of State for South and Central Asian Affairs Paul Kapur said the administration expects a smooth process.“We’re exc…
Washington, Feb 12 (IANS) Calling South Asia “vitally important,” US Assistant Secretary of State for South and Central Asia S. Paul Kapur told lawmakers that India’s size and location make it the region’s anchor, arguing that a strong, independent New Delhi helps prevent any “single hegemon” from imposing “coercive leverage” over the Indo-Pacific. Testifying before a House subcommittee hearing on US foreign policy in South and Central Asia on Wednesday (local time), Kapur said, …