Since April 1, the country has been operating a customs tracking system, which “will allow real-time monitoring of the entire chain of movement of goods.”
Kazakhstan plans to tighten controls on goods destined for onward re-export to prevent Russian evasion of Western sanctions. The Financial Times reported this citing a Kazakh official.
According to him, since April 1, the country has been operating a customs tracking system, which “will allow real-time monitoring of the entire chain of movement of goods from border to border.”
“We understand all the risks of secondary sanctions, so we strictly monitor trade with partners,” the official said.
2022 has reportedly seen a sharp increase in exports to Russia, up 25% from last year, particularly in consumer electronics, as sanctions have limited Moscow’s access to Western markets .
Recall, according to media reports, in recent weeks, Russian companies have showered their Kazakh partners with new requests to help them bypass Western sanctions and import goods.
It was previously reported that Kazakhstan has closed its trade representative office in Russia.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.