Banks of EAEU countries block payments from Russia to avoid sanctions

10:10, 10 июня 2023, Bishkek - 24.kg news agency , Darya PODOLSKAYA

To avoid Western sanctions, the banks of the EAEU countries block payments from Russia for electronics exported from the country: servers, microcircuits, processors. The Russian Kommersant newspaper reports.

According to the media outlet, sources working in the Russian electronics market, which Kommersant does not disclose, said that banks in Kazakhstan, Armenia and Hong Kong have been blocking payments for these products in recent weeks. Such export restrictions may cause a shortage of electronics in Russia within six months.

Earlier, representatives of the British Foreign, Commonwealth and Development Office noted that Central Asia should not turn into a hub for the re-export of military goods to Russia.