Additional Kazakh and Uzbek Companies Hit With Russia-Related Sanctions

Quick Summary:

Russia is increasingly reliant on transnational schemes to circumvent sanctions, which occasionally run through Central Asia.

TROS’s director, Sergei Ushko, along with his son Aleksandr Ushko – who “works at a European machine tool company and helps his father procure machine tools for Russia-based end-users” – are designated in the sanctions, along with two other Russian nationals, Igor and Tatyana Khomenko, in addition to the companies named above.

According to Treasury, a Russia-based company – Tekhnologiya Razvitiya Otkrytykh Sistem (TROS) – which manufactures metalworking equipment and sells wholesale machine tools, is being supplied with European-made tools via a transshipment scheme that routes advance machine tools from Europe to two Central Asian intermediaries.

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Article Details

Author / Journalist: Catherine Putz

Category: Economy

Markets: United StatesAustraliaChinaIndiaJapanKazakhstanKyrgyzstanMongoliaSwitzerlandThailandUkraineUzbekistan

Topics: Machine Central Investment Company Tools Asia Sanctioned 2024 Russia According Sanctions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 01:44:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 1718 words

Reading Time: 10 minutes read

Sentences: 63 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 23354318

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