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Sanctions on Companies Trading with Taliban in Critical Minerals

This act imposes financial and trade sanctions on Chinese and Russian companies that sign contracts or do business with the Taliban in strategic resource sectors. The goal is to limit the Taliban's funding and influence on the global resource market. US citizens are prohibited from engaging in transactions with such sanctioned entities, which may affect certain international dealings.
Key points
Asset Freezing: Chinese and Russian companies collaborating with the Taliban in critical mineral trade may have their assets in the US blocked.
Trade Ban: US companies and individuals are prohibited from conducting business with sanctioned entities.
Entity List Inclusion: Companies doing business with the Taliban will be added to a special list, hindering their global operations.
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Additional Information
Print number: 117_S_2826
Sponsor: Sen. Marshall, Roger [R-KS]
Process start date: 2021-09-23