Sanctions against the Russian Federation: banks in Kazakhstan, Armenia and Hong Kong began to block payments of Russian companie

07 June 2023, 13:53 | Economy
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Banks of Kazakhstan, Armenia and Hong Kong began blocking payments by Russian companies for electronics supplied to Russia through parallel imports. Russian media write about this with reference to sources.

Also, payment is blocked for the supply of the latest generation of telecommunications equipment and data storage systems..

It is noted that Russian companies began to face blocking of payment by the code of the commodity nomenclature of foreign economic activity in the last two weeks..

One of the sources suggested that the blocking of payments may be related to the fear of banks to fall under secondary US sanctions..



However, the interlocutors admitted that Russian companies would be able to bypass bank checks by purchasing electronic components under “alternative” commodity nomenclature codes..

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By the way, today it became known that the United States imposed sanctions against more than a dozen people and organizations in China, Hong Kong and Iran, including the Iranian defense attache in Beijing, due to accusations that they helped buy parts and technologies for the development of ballistic missiles..




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