🚫🇰🇬 In the latest package of US financial blocking sanctions against Russia, introduced on July 20 this year, four companies from Kyrgyzstan were included. 

Such restrictions fit into an already-existing trend. Companies from friendly countries are under threat of blocking sanctions for dealing with sanctioned Russian entities or violating US export control rules. At the same time, Washington is stepping up work with the authorities of these countries in order to more effectively control the behaviour of foreign business, in a way that suits American interests.

Despite Russia's friendly relations or even alliances with a number of states, companies from these countries often continue to observe US sanctions laws.

Sanctions against third countries are unlikely to ensure the blockade of Russia desired by the Western initiators. This was not achieved even with respect to Iran, whose economy is smaller than Russia's. However, one should keep in mind the costs for business and not have illusions about the connection between political relations with friendly countries and the real strategies of business and authorities, taking into account sanctions risks from Western countries, writes Valdai Club Programme Director Ivan Timofeev.

https://valdaiclub.com/a/highlights/us-sanctions-against-companies-from-kyrgyzstan/

#EconomicStatecraft #sanctions #Kyrgyzstan

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