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    German goods to reach Russia through CIS countries, bypassing sanctions

    German goods to reach Russia through CIS countries, bypassing sanctions

    Amid global sanctions administered on Russia as a result of its war in Ukraine, Germany's sale of specific items to CIS nations has more than quadrupled. Exports to Tajikistan (150%), Belarus (77%), and Kyrgyzstan (994%) grew significantly in 2022 compared to 2021, Bild reports referring to the German Federal Statistical Office.

    Source: Bild

    These numbers imply that Germany is providing items to Russia via parallel import in order to avoid sanctions. Chemical product exports to Kazakhstan, for example, increased by 129%, while exports to Armenia increased by 110%. Similarly, German electrical products deliveries to Armenia and Uzbekistan climbed by 344% and 105%, respectively. Furthermore, the export of metal items to Kazakhstan (137%) and clothes (88%) increased.

    According to the Eastern Committee of the German Economy, automotive and replacement parts exports from Germany to Kazakhstan ramped up by 507% in 2022, and to Armenia by 761%.
    The European Union's special delegate on sanctions, David O'Sullivan, is said to be concerned about the increase in German exports to CIS nations.

    10.05.2023, 02:23   Comments (0)   1819
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