• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Ted Cruz’s GOP Convention Speech Interrupted By Chilling Call From The Crowd

September 11, 2026

172-year-old bank sees 400% upside for ‘federal bank’ token

September 11, 2026

Trump’s Promise Of $5,000 Checks Is Already Dead

September 11, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, September 11
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Trump’s Promise Of $5,000 Checks Is Already Dead

    September 11, 2026

    That’s It?! Here is Video of the Armed Man ‘Lunging’ at Democrat Ohio Gubernatorial Candidate Amy Acton * The Gateway Pundit * by Cristina Laila

    September 11, 2026

    British MPs Vote AGAINST Assisted Suicide Bill in Victory for Life (VIDEOS) * The Gateway Pundit * by Paul Serran

    September 11, 2026

    The US President Announced a $5,000 Bonus to All Working Americans – Here’s How It Works (VIDEO) * The Gateway Pundit * by Jim Hoft

    September 11, 2026

    The Obamas Lead As Trump Blows Off New York On 9/11 To Go To A Golf Tournament

    September 11, 2026
  • Health

    Medicaid offers simplified way to handle ‘medical frailty’ exemptions

    September 11, 2026

    Cyclospora outbreak: U.S. officials declare end; origin still unknown

    September 11, 2026

    $500 Obamacare, platinum chemo, ADA boycott: Morning Rounds

    September 11, 2026

    New ‘Queen of Hearts’ AI aims to detect hidden-blockage heart attacks

    September 11, 2026

    Lifesaving childhood chemotherapy raises risk of cancer later in life

    September 10, 2026
  • World

    Ted Cruz’s GOP Convention Speech Interrupted By Chilling Call From The Crowd

    September 11, 2026

    Cuban Regime Indoctrinating Kids with False 2021 Anti-Communism Protest Narrative

    September 11, 2026

    Jimmy Kimmel Spanks Trump With Humiliating ‘Diaper’ Punchline

    September 11, 2026

    London Doubles Down on Decision to Impose Sanctions on Israel

    September 11, 2026

    Trump Asked Why He Can’t Issue $5,000 Checks Before Midterms

    September 11, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    172-year-old bank sees 400% upside for ‘federal bank’ token

    September 11, 2026

    Rates shoot up ahead of CPI data

    September 11, 2026

    Morningstar on SanDisk’s 2,107% Year

    September 11, 2026

    AI, Robotics and the Coming Economic, Military, and Political Revolutions

    September 11, 2026

    Which Technology Stock Is a Better Buy in 2026?

    September 11, 2026
  • Tech

    EXCLUSIVE — Silicon Valley Democrat Turned Trump Supporter Warns Chinese AI Could Shape Americans Through ‘Millions of Small Distortions that Nobody Notices’

    September 11, 2026

    FBI Detects Argentina Teenager Using ChatGPT to Plan School Shooting

    September 11, 2026

    China Pushes Back Against American Allegations of ‘Malicious’ AI Theft

    September 11, 2026

    BOKHARI: Anthropic’s Self-Serving Doomsday Narrative

    September 11, 2026

    Mark Zuckerberg’s AI Golden Child Walks Away from Meta

    September 11, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Kazakhstan Moves to Curtail Parallel Trade to Russia
Finance

Kazakhstan Moves to Curtail Parallel Trade to Russia

May 10, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Kazakhstan Moves to Curtail Parallel Trade to Russia
Share
Facebook Twitter LinkedIn Pinterest Email

Crossroads Asia | Economy | Central Asia

The cost of electronics and household appliances in Russia may increase by 10-12 percent due to new restrictions at the Kazakh border.

Advertisement

In recent months, customs controls in Kazakhstan have tightened, and the effects are starting to be felt in Russia. As Astana tries to avoid secondary sanctions, the country has begun to crack down on efforts to circumvent sanctions by routing goods through Kazakhstan. While Russia has legalized so-called parallel imports — the supply of products without the copyright holder’s permission — Kazakhstan has decided to block such transactions. 

Many companies, like Samsung, LG, Apple, Bosch, and others, opted to slow or pause sales in Russia in response to the invasion of Ukraine. Yet these goods are sold in nearby countries, like Kazakhstan and Uzbekistan, which can serve as transit points for in-demand items. 

Washing machines are one example. As the Financial Times reported in March: “the number of washing machines exported to Russia from Kazakhstan rose from zero in 2021 to almost 100,000 in 2022.”

In March, Eurasianet’s Joanna Lillis reported that as of April 1 Kazakhstan aimed to introduce an online system “designed to track all goods entering and exiting the country” in order to “demonstrate compliance with Western efforts to isolate Russia’s economy in reprisal for the ongoing invasion of Ukraine.”

Earlier that month Reuters had reported on a stark rise in requests from Russian companies to their counterparts in Kazakhstan to help import a huge range of goods, everything from rare earth metals to turbines, railway bearings to plastic bank cards. 

See also  Indignant Russia Scolds Ukraine for Daring to Attack Them with Drones

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

This week Kommersant, a Russian paper, reported that the cost of electronics and household appliances may increase by 10-12 percent due to new restrictions at the Kazakh border, suggesting that the the April implementation of Astana’s new system is having an impact, at least on the planning of Russian importers. Russian companies reportedly have begun to turn to other alternative routes, such as through China, Kyrgyzstan, the United Arab Emirates, and other countries, but the costs are rising.

The introduction of a system to track imports and exports addresses the fact that Russia’s and Kazakhstan’s economies are tangled together. As members of the Eurasian Economic Union (EAEU), trade is supposed to move smoothly across their border. And in the early months of Russia’s war in Ukraine, Kazakhstan saw a spike in trade. Exports from Kazakhstan to Russia in 2022 rose by a quarter, up to $8.8 billion.

Given the technology involved in modern appliances, European officials aired concerns in late March that Moscow may be extracting semiconductors from washing machines and cameras, turning objects not necessarily associated with the military-industrial complex into dual-use goods.

Advertisement

It’s clear that Astana remains wary of coming under secondary sanctions. In late April, senior U.S. Treasury and Commerce officials traveled to Kazakhstan, including Assistant Secretary for Terrorist Financing and Financial Crimes at the U.S. Department of the Treasury Elizabeth Rosenberg and Assistant Secretary for Export Enforcement at the U.S. Department of Commerce Matthew Axelrod. The U.S. government readout of the visit heralds Kazakhstan as a close partner in “countering the evasion of sanctions and export controls imposed on Russia for its war against Ukraine.” The statement went on to note that “Axelrod shared the importance to Russia of acquiring specific semiconductors and other electronic integrated circuits to power its missiles and drones, and stressed the urgency of preventing Russia from evading coalition export restrictions by transshipping such items through Kazakhstan.” 

See also  National mall footwear giant closes 82 stores as shoppers trade up

A less rosy interpretation of the visit is as a warning: The U.S. side communicating that it’s known that these goods are transiting Kazakhstan into Russia. And so, shutting down parallel imports is a big step for Kazakhstan but likely a necessary one to avoid the secondary sanctions it has worried about since the start of the war.

Curtail Kazakhstan Moves Parallel Russia trade
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

172-year-old bank sees 400% upside for ‘federal bank’ token

September 11, 2026

Rates shoot up ahead of CPI data

September 11, 2026

Morningstar on SanDisk’s 2,107% Year

September 11, 2026

AI, Robotics and the Coming Economic, Military, and Political Revolutions

September 11, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Missouri gov signs bills banning gender surgeries and hormones for minors: ‘We must protect children’

June 8, 2023

World Bank to help fund 1,000 mini solar power grids in Nigeria

August 6, 2023

Vietnam’s Economic Statecraft in the Global Chip Race

July 10, 2026

When Confronted with Proof of President Claudine Gay’s Plagiarism, Harvard Lawyered Up

December 14, 2023
Don't Miss

Ted Cruz’s GOP Convention Speech Interrupted By Chilling Call From The Crowd

World September 11, 2026

A member of the audience during Sen. Ted Cruz’s (R-Texas) address to the GOP midterm…

172-year-old bank sees 400% upside for ‘federal bank’ token

September 11, 2026

Trump’s Promise Of $5,000 Checks Is Already Dead

September 11, 2026

Nashville Authorities Unanimously Vote to Rename Airport After Dolly Parton

September 11, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,796)
  • Finance (4,948)
  • Health (2,862)
  • Lifestyle (1,931)
  • Politics (4,565)
  • Sports (5,252)
  • Tech (2,659)
  • Uncategorized (4)
  • World (7,001)
Our Picks

Chargers’ Brandon Staley Snaps at Reporter Following Loss to Packers

November 20, 2023

Dollar firmer as banking fears fade; yen sinks on quarter-end flows

March 29, 2023

Matthew Perry Cause of Death ‘Deferred’

October 30, 2023
Popular Posts

Ted Cruz’s GOP Convention Speech Interrupted By Chilling Call From The Crowd

September 11, 2026

172-year-old bank sees 400% upside for ‘federal bank’ token

September 11, 2026

Trump’s Promise Of $5,000 Checks Is Already Dead

September 11, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.