It is noted that payments in payments reduce the flow of funds to the Kremlin and submit them instability. Thus, it allows the United States to reach two goals of sanctions at the same time: to limit the financial revenues to the Kremlin in connection with hostilities against Ukraine, without affecting the world's energy flows.
Reuters sources have reported that several banks in China, UAE and Turkey have increased their requirements for sanctions in recent weeks, which led to delays or even refusals to carry out money transfers to Moscow. According to the newspaper, banks, fearing possible secondary sanctions from the United States, began to demand from their clients written guarantees that no natural or legal entity from the SDN (Special Designated Nationals) list is involved in the agreement or is not a beneficiary.
Of the four sources, it is reported that some Turkish and Chinese banks are still making payments, but this process takes weeks and even months. According to information provided by one of the sources of the publication, despite the fact that initially the aggressor country successfully bypassed the restrictions, the problems have resumed since December 2023. It happened after the awareness of banks and companies that the threat of secondary sanctions by the United States is real.
The source refers to the order of the US Department of Finance, published on December 22, 2023. In this order, foreign banks were warned for possible sanctions for evasion of price limit, as well as intended to increase control over compliance.
It is reported that as a result of the relevant instruction of banks in China, the UAE and Turkey, which cooperate with Russia, the operations of operations were strengthened, a request for additional documents was activated, and the number of trained personnel increased in order to ensure the established price limits during the transactions. Earlier, the media reported that the terminal in Turkey refused to receive oil from the Russian Federation.
All rights reserved IN-Ukraine.info - 2022