Allies are throwing Russia as the US is exacerbated by secondary sanctions - Newsweek

This assumption was made by Newsweek analysts, taking into account the recent actions of such states. One of the first to respond to the strengthening of secondary sanctions large banks in China, Armenia, Kyrgyzstan, where they stopped taking cards of the Russian payment system "Mir". In addition, India, which, after a full -scale invasion, was one of the largest buyers of Russian crude oil, has ceased to pay for it freely convertible currency or rubles.

And other payments to Russian oil companies have now encountered transactions delays for not even one months, as many banks are afraid to get under secondary American sanctions. According to Reuters, referred to Newsweek, the December decree forced banks and companies to realize that "the threat of US secondary sanctions is real.

" Yes, Islamic banks of First Abu Dhabi Bank and Dubai in the UAE have blocked a number of bills related to Russian trading companies, and Mashreq Bank in the UAE, Turkish Ziraat and VakifBank, as well as Chinese ICBC and Bank Bank Bank However, with the serious delays that were forced to recognize on behalf of the Kremlin and Putin's press secretary Dmitry Peskov.

"This, of course, creates certain problems, but cannot be an obstacle to the further development of our trade and economic relations," the spokesman said. Newsweek contacted the Russian Foreign Ministry to get additional e -mail comments, but the answers have not yet been received. According to the US Department of Finance, these countries have supported Russia since February 2022, and quite often addressed them for help bypassing sanctions imposed on the Russian Federation.

However, at the end of 2023, the US President issued a decree that allows to impose sanctions directly against banks that assist agreements in favor of Russia. Washington even threatened to block access to the global financial system to those banking institutions that interact with companies that support the Russian Security Service.

"We expect that financial institutions will make every effort to ensure that they are not conscious or involuntary bypassing and evasion," said Finance Minister Janet Ellen. She stressed that without any hesitation will take into account the decision of the US authorities and will use the "new tools that contributes to the destruction of the Russian military machine. " "Despite the skeptics, sanctions against Russia work.

Time and solid pressure should have an even greater impact on the Russian economy," - added Wilson analytical center experts. The United States gradually expanded the sanctions they have imposed against the Russian Federation throughout the Russian aggression in Ukraine. This concerned the banking system, prohibition of importing Russian oil since March 2022, price "ceiling", transportation of Russian oil and logistics insurance.

Similar sanctions were imposed by US allies in Europe, North America, Australia. The American Analytical Center of Wilson, which refers to the publication, in its analytical review in February 2024 stated that "the pressure of sanctions increases and affects the Russian economy.