Starting April 1, Kazakhstan will launch a system to control goods being re-exported to Russia, the Financial Times writes, citing a Kazakh official. Therefore, Kazakhstan wants to protect itself from secondary sanctions.
The control program for imported and exported goods in Kazakhstan will start working on April 1, according to the Financial Times. A Kazakh official told the newspaper about this. With the help of the system, it will be possible to track the entire journey of goods from border to border in real time.
The interlocutor of the newspaper clarified that Kazakhstan does not want to become a platform to circumvent Western sanctions, but will not impose restrictions on trade with Russia.
By the end of 2022, the volume of Kazakhstan’s exports to Russia increased by 25% to $8.8 billion. For example, last year Kazakhstan supplied $3.7 million worth of semiconductors to Russia versus $12,000 in 2021, the Financial Times notes.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
