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

Hispanics Are Furious At Trump So He Is Coming To Texas To Rub Their Noses In It

October 1, 2026

‘Separate But Equal’ — BAFTAs to Put Disabled Man in Separate Room for Telecast

October 1, 2026

Sperm Whales Crack 52-Foot Yacht, Forcing Sailors to Abandon Ship

October 1, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, October 2
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Hispanics Are Furious At Trump So He Is Coming To Texas To Rub Their Noses In It

    October 1, 2026

    New York grapples with kinks in $1B Medicaid system

    October 1, 2026

    18-Year-Old Student Dies After Falling from Fourth-Floor Balcony at Los Angeles High School in Apparent ‘Suicide’ Following Classroom Fight * The Gateway Pundit * by Jim Hᴏft

    October 1, 2026

    After Reflecting Pool Humiliation, Rep. Jamie Raskin Gives DOJ Hot Tip On Felon Orange Vandal Desecrating DC

    October 1, 2026

    Bedridden 93-Year-Old Marie-Louise Raped and Strangled In Her Home; Naked Sudanese Man Found On Her Body * The Gateway Pundit * by Robert Semonsen

    October 1, 2026
  • Health

    Journal Science devotes issue to women’s health. Here’s why

    October 1, 2026

    As CDC redesigns annual health survey, it removes questions about disabilities

    October 1, 2026

    International visas, GLP-1s for kids, Medicaid: Morning Rounds

    October 1, 2026

    8 New Jersey Rehab Centers For Drug And Alcohol Recovery (2026)

    September 30, 2026

    Legal immigrants poised to lose Medicaid coverage| STAT

    September 30, 2026
  • World

    Eiffel Tower Chief Steps Down After Female Employees Ordered ‘Be Invisible’ for Hindu Sect Visit

    October 1, 2026

    Sarah Huckabee Sanders Fires Back At Far-Right Criticism Of Her Ad

    October 1, 2026

    Pope Leo Pushes Reform on Zealously pro-Migration Bishops

    October 1, 2026

    Want ‘Free Palestine, Where Every Person, Between the River and the Sea’ Has Rights

    October 1, 2026

    Trump Busted Telling One Of His ‘Most Ludicrous Lies’ Of All Time

    October 1, 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

    The New Development Bank Quietly Delivers During India’s BRICS Year

    October 1, 2026

    Australia as an AI Middle Power

    October 1, 2026

    Can Myanmar’s New Government Revive the Stalled Dawei SEZ Project?

    October 1, 2026

    Fed’s Kashkari says inflation is ‘still too high’ even after softer-than-expected PCE data

    September 30, 2026

    Goodbye, ‘China Plus One’: The Real Change in US China Policy

    September 30, 2026
  • Tech

    Gavin Newsom Orders California to Keep ‘AI’ Term After Trump’s ‘Super Intelligence’ Rebrand

    October 1, 2026

    Chinese AI Models Provided Instructions on Sarin Gas Production, Terror Attack Advice

    October 1, 2026

    Peter Schweizer Deflates the AI ‘Robot Apocalypse’ Scare

    October 1, 2026

    Leading AI Experts Fault Senate Democrats for Blocking Ratepayer Act

    October 1, 2026

    Hawley Unveils Bill to Rein In ‘Nightmare’ Abuse of AI-Powered Flock Cameras

    October 1, 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  Micron Technology, Inc. (MU) Is One Of Billionaire David Tepper’s Top AI Stocks

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  Stocks making the biggest moves midday: Intel, Roku, Sweetgreen, Ford

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

The New Development Bank Quietly Delivers During India’s BRICS Year

October 1, 2026

Australia as an AI Middle Power

October 1, 2026

Can Myanmar’s New Government Revive the Stalled Dawei SEZ Project?

October 1, 2026

Fed’s Kashkari says inflation is ‘still too high’ even after softer-than-expected PCE data

September 30, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

King Charles Dissed Trump, But He Was Too Dumb To Get It

May 5, 2026

Unrivaled Raises $100 Million From Carmelo Anthony, Ashton Kutcher, Alex Morgan, UC Investments

August 26, 2026

Activists back off Salesforce after share price recovery

August 15, 2023

Sheryl Crow Rages At Jason Aldean over His Song ‘Try That in a Small Town’

July 21, 2023
Don't Miss

Hispanics Are Furious At Trump So He Is Coming To Texas To Rub Their Noses In It

Politics October 1, 2026

The Republican theory of the 2026 midterm election was based on the idea that Hispanic…

‘Separate But Equal’ — BAFTAs to Put Disabled Man in Separate Room for Telecast

October 1, 2026

Sperm Whales Crack 52-Foot Yacht, Forcing Sailors to Abandon Ship

October 1, 2026

Eiffel Tower Chief Steps Down After Female Employees Ordered ‘Be Invisible’ for Hindu Sect Visit

October 1, 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 (7,191)
  • Finance (5,197)
  • Health (2,926)
  • Lifestyle (1,947)
  • Politics (4,803)
  • Sports (5,384)
  • Tech (2,770)
  • Uncategorized (4)
  • World (7,454)
Our Picks

A Tale of 3 Nations: Debt Restructuring in Ghana, Zambia, and Sri Lanka

November 4, 2023

Navigating The Home Buying Process: Tips For First-Time Buyers

June 20, 2024

Biggest health danger for tactical athletes? Cardiovascular disease

September 3, 2026
Popular Posts

Hispanics Are Furious At Trump So He Is Coming To Texas To Rub Their Noses In It

October 1, 2026

‘Separate But Equal’ — BAFTAs to Put Disabled Man in Separate Room for Telecast

October 1, 2026

Sperm Whales Crack 52-Foot Yacht, Forcing Sailors to Abandon Ship

October 1, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

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