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"Boom just starts": Russia begs Kazakhstan to help bypass sanctions - the media

According to journalists, the Russian Federation needs almost everything: from consumer electronics and bearings to parts of aircraft and rare earth metals. Companies from Russia were increasingly asking for partners from Kazakhstan for help bypassing sanctions imposed on invasion of Ukraine. About it writes Reuters with reference to their sources. The publication writes that Russian merchants have already learned different methods of bypassing sanctions.

A whole network of deliveries was created through third countries. A large number of goods are imported through Turkey and the previously part of the Soviet Union. According to sources, they witnessed that the increase in the number of requests from Russia for assistance in the delivery of various goods. Yes, the Russian Federation needs almost everything: from consumer electronics and bearings to parts of aircraft, rare earth metals.

The Russians have a very long list of goods that include industrial equipment, rail bearings, radio equipment, turbines, aircraft details, raw materials and even bank cards. "The boom is just beginning," one of the sources said. It is reported that Russian companies are trying to establish long -term partnerships that will help to circumvent sanctions. Sources say, sometimes even the law is not violated.

Often complex elements include sanctioned components, but on their own are not directly prohibited. On the other hand, Kazakh Entrepreneurs, who are selling goods to Russia, are usually entitled to 12%VAT refunds, but those who move "suspicious goods" do not supply it so as not to risk the entire supply chain. According to journalists, the Russian Federation is still the largest trading partner of Kazakhstan.

It should be reminded that on March 17, Politico reported that the European Union is preparing new sanctions against relatives of Russian oligarchs. Poland and the Baltic States made the initiative to introduce such restrictions in February. Currently, the EU is already updating data on persons who are subject to sanctions. It was also reported that Europe's record tankers are heading from the United States.