Dozens of Czech companies circumvent sanctions against russia by trading through third countries

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Date

19 Nov 2024


According to an analysis by the Czech National Bank in June this year, strategically important military and economic products continue to be supplied to russia from the Czech Republic. At the same time, the sanctions are primarily intended to complicate the increase in arms production, Czech TV journalists point out.

 

The sanctions restrict foreign trade, from which russia can get money for weapons and advanced technologies. However, companies circumvent the restrictions by trading through third countries.

 

According to ČT24, Ferrit does the same, supplying its mining equipment to russia through Turkey and Kazakhstan. But the goods move in the opposite direction. In this way, Czech companies replenish the russian military budget.

 

Source: Ukrinform, ČT24