USD
41.32 UAH ▲0.1%
EUR
42.99 UAH ▼1.54%
GBP
51.69 UAH ▼1.23%
PLN
9.91 UAH ▼1.97%
CZK
1.7 UAH ▼1.88%
Thousands of European companies and entrepreneurs use the same type of loopholes...

Becdor and Lobbying: As Russia bypasses sanctions to wage war against Ukraine - Kyiv Post

Thousands of European companies and entrepreneurs use the same type of loopholes and backdowers to the Russian market, using third countries or subsidiaries, and thus bypass international sanctions in only a few bureaucratic steps, so sanctions should be strengthened. About it writes the edition of Kyiv Post. "Information about violation of sanctions by such companies can be easily found through open source investigations.

But ensuring compliance with these rules and punishment to those who strategically evades sanctions. To a more reliable system of international sanctions and prosecution of violators, " - the publication says. In particular, the 12th Package of Sanctions, adopted by the EU at the end of last year, reflected the imperfection of sanctions, as it weakened the restriction in some industries instead of strengthening them.

For example, the import of Russian steel slabs in European countries was initially planned to terminate until October 2024 in accordance with the 8th package of sanctions. But the 12th package continued the period during which the EU companies could find alternative manufacturers, by 2028 with an import restriction of 8. 5 million tons, the publication indicates. "The actual volume of imports of Russian slabs in the period from October 2022 to September 2023 were 32.

5% less than the established quota. But, despite this, the European Commission did not start viewing the quota for the second period. Quota in new sanctions actually exceeded the recent levels of imports Due to lobbying from European manufacturers: European buyers lobbied such allowed volumes of supply of Russian slabs, which will allow them to continue to work within current business models for a long time ","-writes Kyiv Post.