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To spread: Russia and Vietnam have created a complex system of payments for weap...

Russia supplies Vietnam weapons bypassing sanctions: countries bypass the SWIFT system - AR

To spread: Russia and Vietnam have created a complex system of payments for weapons to bypass Western sanctions and the world banking system SWIFT. Moscow and Hanoy avoid any open money transfers. About the schemes between the two states writes the Associated Press after analyzing government documents from Hanoi.

In this way, Vietnam is purchased by Russian military equipment: fighters, tanks and ships on credit and returned it from its share of profits from the joint Vietnamese-Russian oil company "Rusvietpetrot" working in Siberia. Such agreements will ensure unobstructed cash flow, even in the event of increased financial sanctions aimed at the termination of Russia's war with Ukraine, follows from the content of the documents.

In the meantime, the United States strengthen ties with Vietnam to make the country "stronghold against China's assertive policy in Southeast Asia. " The White House has entered 20%duties on Hanoy, and President Donald Trump threatens Moscow to strengthen sanctions for the war in Ukraine. The head of the research program at the Analytical Center of the International Institute for Strategic Studies Evan Lakshmana notes that these schemes are not typical of compensatory or counter -trade.

It's "something completely new. " Vietnamese profit from Rusvietpetrot's work goes to Moscow to repay the loan for military procurement. If the profit exceeds payments on loans, money is transferred to the Russian state oil and gas company "foreign". "Overcome" uses a joint venture to transfer an equal amount of money to the Vietnamese oil and gas group Petrovietam (PVN), bypassing international translation systems.

"The sanctions of the US and other Western countries have made this method of payment relatively confidential and appropriate. Money turns only in Vietnam," said PVN Legok Director Legok Sleep in the document of June 11, 2024. Lakshmana stated that he did not know these steps, but they reminded him of Moscow's approach to arms trade in the Asian region. In 2017, Russia put Indonesia 11 Su-35 fighters in exchange for palm oil, coffee and other goods.

Two Western diplomats working in Hano said AR, who have long suspected the presence of a backstayment agreement between Vietnam and the Russian Federation on the payment of large military contracts. Vietnam has a long history of defense relations with Russia. The country will depend on the supply of Russian spare parts and other materials for many years. From 1995 to 2023, more than 80% of imports accounted for the Russian Federation.

In 2011, Russia granted Vietnam for $ 2 billion for the supply of two frigates for the Navy and 64 T-90C tanks. Another $ 8 billion in Moscow was granted to the Defense Agreement in 2023 for the supply of Su-30 fighters and two more frigates. Recall that in December 2024 at the exhibition Vietnam Defense Expo 2024 Russia presented its tanks T-90C and T-90k from the manufacturer "Uralvagonzavod".