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The situation is especially hopeless with the goods with the code TN VED 88 – these are aircraft and space vehicles, as well as their parts. “This area is all sanctioned. No one will even try to pay for the delivery of such goods to Russia from China,” said a source in the aviation industry. … Read more
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As informed in the Saeima Speaker’s office, during the meeting, Mieriņa confirmed Latvia’s support for the start of negotiations on Ukraine’s accession to the European Union (EU) during the Belgian EU presidency. In order to promote Ukraine’s successful integration into the European Union, the Saeima, in cooperation with the Ukrainian administration, will create a program … Read more
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Since the start of the war, supplies of manganese ore to the Russian war industry in Ukraine have increased significantly. This component is delivered through the ports of Ventspils and Riga, but from 2023 – also through the port of Sillamė in Estonia. Manganese was delivered through there to the Chelyabinsk plant, which was nationalized … Read more
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The ship already entered the port of Rostock in Germany at the beginning of March, because its crew concluded that there were problems with the ship’s propeller. Port officials noticed that the ship was carrying more than the uranium indicated in the documents. There was wood on the ship, which is prohibited by the sanctions … Read more
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In November 2023, the United States included Mahmudov, Bokarev and the related company “Transmasholding” on the list of sanctions, joining Great Britain, Australia and New Zealand. “In 2022, Russian officials involved Transmash in the production of parts for infantry fighting vehicles,” according to the US Treasury Department in the statement. “In addition, Bokarev has personal … Read more
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However, the public relations manager of LNK Industries, Inga Domka, did not specify what it exported to Murmansk even after the start of the war, stating only that there were valid contracts with customers in Russia. Those that could be legally terminated, they were terminated, the rest were completed in accordance with the requirements of … Read more
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Sanctions will continue to disrupt both supply and demand for Russian arms exports and significantly complicate payment mechanisms to Russia, British intelligence has concluded. As stated in the report of the British Ministry of Defence, the study conducted by the Institute of Development Economics of the Bank of Finland shows that third countries impose a … Read more
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Ivo Tahks, the real beneficiary of “Wellman Logistics”, justifies himself: “Perhaps a million different alcohol bottles are processed in our logistics system. And we do not communicate with producers or end consumers at all. We are only a logistics company, and we only communicate with forwarders. Forwarders there are those who receive orders from customers, … Read more
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According to Alexey Poroshin, General Director of Pervaya Gruppa, at least eight credit organizations, such as “Great Wall West China”, “China Guangfa”, “Shenzen Rural Commercial” and “China Zheshang”, have refused to service Russian payments in yuan. Also, yuan payments are not accepted in international banks – “CitiBank”, “Standard Chartered Bank”, “HSBC”, “JP Morgan”, “BNP Paribas”, … Read more
Due to sanctions, India is refusing long-term contracts with Rosneft of the Kremlin oligarch Igor Sechin. The sanctions noose around Russia continues to tighten. The largest buyer of Russian oil, India, is quickly curtailing cooperation with Moscow in the oil sector. Writes about this Bloombergciting informed sources. Due to sanctions, state-owned oil refineries in India … Read more