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EU struggles to block sanctions evasion as Russia's economy grows

20 August 2024 21:04

Despite rigorous sanctions imposed on Russia, the country's economy continues to show signs of growth, a development attributed to the EU's incomplete efforts to close off supply channels through third countries.

Official statistics reveal a notable surge in exports from the EU to Armenia, Kazakhstan, and Türkiye, including items that fall under prohibited categories such as chemicals, electronics, and engineering goods, Caliber.Az reports via foreign media.

Experts suspect that a substantial portion of these exports eventually reaches Russia, either directly or indirectly.

Reports indicate that these third countries have not only become conduits for sanctioned goods but are also expanding their production capabilities to manufacture dual-use items for Russia. For example, US intelligence sources have revealed that Turkish companies have begun assembling drones and producing electronics specifically for the Russian military-industrial complex.

While EU officials acknowledge the significant leakage of sanctions, they are cautious about imposing further restrictions on their allies, who are inadvertently facilitating this trade.

Caliber.Az
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