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Export Controls Against Russia Add to Uncertainty for Business
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Restrictions on technology sales that the U.S. and its allies are clamping on Russia are adding to the uncertain climate for businesses, though how hard the export controls hit the Russian economy, trade specialists said, will depend on enforcement.
The controls, announced last week, restrict exports of semiconductors, lasers, information-security equipment and other technology to Russia’s defense, aerospace and maritime industries and, U.S. officials said, are aimed at undermining President Vladimir Putin’s defense capabilities and aspirations for Russia to lead in cutting-edge fields such as artificial intelligence and quantum computing.
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