Kazakhstan will not help Russia circumvent sanctions

Kazakhstan will not help Russia circumvent the sanctions imposed on it by the United States and the European Union, said the first deputy head of the Presidential Administration of Kazakhstan Timur Suleimenov in an interview with Euractiv.

Suleimenov said it was important for Kazakhstan to demonstrate to European partners that the country would not become an instrument of Russia in circumventing sanctions. “We will comply with the sanctions. Although we are part of an economic union with Russia, Belarus and other countries, we are also part of the international community. Therefore, we least want secondary sanctions from the United States and the EU to be applied to Kazakhstan, “he said.

At the same time, Suleimenov noted that Kazakhstan will continue to trade with Russia, invest in the country and attract investment for it. At the same time, the government will do everything to control the sanctioned goods. “We will do everything possible to control any investments in Kazakhstan by persons or organizations that are under sanctions, and this is what we wanted to openly convey to Europeans. To show that we have a system, and this system, unfortunately, will stay here for a long time, “the politician concluded.

On March 2, an operational headquarters for anti-crisis measures was set up in the republic. The press service of the Prime Minister of Kazakhstan Alikhan Smailov noted that the headquarters will consider and resolve problematic issues arising in the economy and business related to the imposition of sanctions on Russia and their impact on the economy. It included the first heads of key government agencies, representatives of the business community and industry experts.

The European Union, as well as Canada, the United States and a number of other countries, began imposing economic and personal sanctions on Russia in response to Moscow’s recognition of the Donetsk and Luhansk People’s Republics on February 21 and the February 24 military operation in Ukraine. Among the restrictions – the closure of the airspace of the community for Russian aircraft, the disconnection of a number of Russian banks from the SWIFT system and the blocking of international reserves of the Central Bank – about $ 300 billion were virtually frozen. The country’s access to the dollar and the euro has also been limited. The sanctions also affected a number of sectors of the economy, including the lack of the ability to supply Russia with high technology, luxury items and so on.


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