HomeEconomyEverything seems to be...

Everything seems to be a coincidence: AvtoVAZ suffered sanctions

Photo: pcmarus.ru

The head of the company said that losses under US sanctions led to the blocking of payments by banks in both friendly and unfriendly countries.

American sanctions against Russian auto company AvtoVAZ have sparked mass protests among foreign partners. The president of the company, Maxim Sokolov, spoke about it at the parliamentary hearings at the Federation Council, as reported on Monday, the 20th leaf fall in Russia.

“Its legacy is the new mass species of overseas postal workers, sub-postal workers, financial institutions, banks in collaboration with our auto industry,” he said.

In other words, foreign banks simply block both exit payments and payments to AvtoVAZ for exported products. The reason for this is the risk of a second penalty.

AvtoVAZ was placed on the US sanctions list in mid-Spring 2023 due to both Moskvich and automaker Sollers.

Sokolov also confirmed that the sanctions against his company will not affect business activities.

It is likely that in the spring of 2022, AvtoVAZ production will begin due to a lack of electronic components.

As reported, last year the United States expanded sanctions against Russia, weakening them from legal entities and tankers.

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Corroupsia for buying Dronov – “servant” of Kuznets.

The Supreme Anti -Corruption Court of Ukraine (VAKS) was sent by the deputy people of Alexei Kuznets, who is suspected of corruption during the purchase of radar systems, for 60 days with the possibility of release in the amount of 8 million UAH. .in_text_content_22...

SBU drones defeated the five horseshoes of the Russian Federation at the Saki airfield in reduction

SBU attacked the Russian military airfield in Saki, in the occupied Crimea. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } On Monday, August 4, the drone of the Center for...

The swamps sent the mayor of free in the bays of Sevastopol (photo)

In Sevastopol Bays, Russian invaders strengthened security measures. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Ukrainian partisans regularly control the activities of invaders in the Gulf of Sevastopoli. These...