The United States has lifted sanctions on four Indian companies previously included in its Russia-related restrictions. This action provides relief to the firms that were subject to limitations aimed at addressing issues surrounding Russia. The announcement follows an update from the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) concerning its Specially Designated Nationals (SDN) List.

The Indian companies that have been removed are RRG Engineering Technologies Private Limited and Lokesh Machines Limited, both based in Hyderabad, Galaxy Bearings Ltd from Ahmedabad, and Shaurya Aeronautics Private Limited located in Delhi. These firms were initially classified under Executive Order 14024, which is part of the comprehensive US sanctions framework imposed on Russia.

With their removal from the SDN List, these companies are no longer facing the specific sanctions that had restricted their business operations. The OFAC did not disclose the reasons for this change, leaving room for speculation regarding the factors that contributed to the decision.

Expansion of Sanctions Against Mexican Entities

In conjunction with the delisting of the Indian firms, the US has also broadened its sanctions targeting individuals and entities linked to Mexico’s Jalisco New Generation Cartel (CJNG). Two Mexican nationals, Oscar Guillermo Juraidini Silva and J. Refugio Ruiz Villagomez, have been added to the SDN List as part of a broader counterterrorism initiative under Executive Order 14059, which addresses foreign individuals involved in the international drug trade.

The Treasury Department announced further sanctions against nine entities allegedly associated with the cartel and the newly designated individuals. These entities range from logistics and transportation firms to financial services and real estate companies, primarily based in Mexico. Additionally, one company registered in the United Kingdom has also been included in the sanctions.

This expansion of the sanctions aims to block any assets that fall under US jurisdiction and to prohibit American individuals and businesses from engaging in transactions with the listed individuals and entities. The US authorities have reiterated their commitment to combating transnational criminal organisations through these targeted actions.

Quarterly Report on Licensing Activities

Separately, the OFAC released its quarterly report detailing licensing activities for the period from January to March 2026 under the Trade Sanctions Reform and Export Enhancement Act. This report provides an overview of the applications processed for exports of agricultural commodities, medicines, and medical devices to Iran, governed by a particular licensing regime.

This latest update underscores OFAC’s persistent evaluation of sanctions and licensing practices. It highlights the agency’s ongoing efforts to ensure compliance with US laws, as well as its responsiveness to changing circumstances within the international landscape.

While the delisting of the four Indian companies is a remarkable development for those involved, it simultaneously indicates the US government’s broader strategy of intensifying sanctions against entities associated with illicit activities globally. By maintaining a critical focus on both sides of international sanctions, the US continues to navigate complex geopolitical issues.

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