US sanctions Russian ‘Silicon Valley’ ...News

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US sanctions Russian ‘Silicon Valley’
Ukraine-related embargo targets Skolkovo and Russian tech sector in general Washington on Tuesday announced a new round of embargoes targeting Russia’s finance and technology sectors, in particular the semiconductor industry. Among the entities sanctioned by the State Department are the Skolkovo technology park outside Moscow – Russia’s equivalent of Silicon Valley – and MMK, one of the world’s largest steel producers. The Skolkovo Foundation, Technopark Skolkovo LLC and the Skolkovo Institute of Science and Technology (Skoltech) found themselves blacklisted for “operating or having operated in the technology sect

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