US Warns Kazakhstan Of Possible Secondary Sanctions For Helping Russia - Finance Ministry
Sumaira FH Published April 25, 2023 | 05:30 PM
ASTANA (UrduPoint News / Sputnik - 25th April, 2023) The United States has warned Kazakhstan of the growing risks of imposing secondary sanctions against the country's companies and banks for helping Russia evade Western trade and financial sanctions, US Treasury's Assistant Secretary for Terrorist Financing and Financial Crimes Elizabeth Rosenberg said Tuesday.
"The additional trade (between Kazakhstan and Russia) that we see ... elevates the risk in Kazakhstan to Kazakh companies and to Kazakh banks ... We offer our partnership to counterparts in Kazakhstan, the government and the private sector to clarify the risks here and the consequences of participating in evasion of our measures," Rosenberg told reporters in Astana.
The West suspects Kazakh companies of re-exporting to Russia certain goods that can be used for military purposes, such as semiconductors and microchips.
After the start of Russia's military operation in Ukraine on February 24, 2022, the West, including the EU and the US, rolled out a massive sanctions campaign against Moscow. To date, the bloc has already adopted 10 sanctions packages. The latest package was introduced on February 25 and expanded export, import, and personal restrictions, among others.
Related Topics
Recent Stories
Punjab govt decides to provide free internet to schools across province
Interior Minister assures protection of Chinse nationals in Pakistan
Govt's wheat procurement target increased upto 1.8 metric tons
SC forms six-member bench to IHC judges'letters
PM to take part in World Economic Forum meeting in Riyadh today
Punjab Police officer Riffat Bukhari wins global award
Punjab Police Hero ASP Shehbano Naqvi’s wedding festivities spark joy
TECNO CAMON 30 Series set to launch at a grand fashion show in Karachi
Record growth being witnessed in IT exports due to SIFC’s efforts
Pakistan, Canada agree to enhance cooperation in all fields
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 27 April 2024
Today Gold Rate in Pakistan 27 April 2024
More Stories From World
-
Hurricanes suffer first defeat, lead Super Rugby by one point
8 minutes ago -
Tennis: ATP/WTA Madrid Open results -- 1st update
18 minutes ago -
Pakistan Embassy in Beijing hosts Pakistan Professional and Student Forum
28 minutes ago -
Tennis: ATP/WTA Madrid Open results
1 hour ago -
Russia hits Ukrainian energy sites in 'massive' overnight attack
1 hour ago -
Estanguet emotional as Olympic torch sets sail for France
1 hour ago
-
Italy summons Russian envoy over Ariston subsidiary takeover
1 hour ago -
Benin police fire tear gas to break up union protest
2 hours ago -
Estanguet emotional as Olympic torch sets sail for France
3 hours ago -
Olympic torch begins its voyage to France
3 hours ago -
Haliburton hits winner as Pacers hold off Bucks, T'Wolves push Suns to brink
3 hours ago -
Star K-pop producer causes online stir after lashing out at industry bosses
3 hours ago