Kazakhstani Companies Hit by UK Sanctions

Due to possible links to Russia, more Kazakhstani companies have ended up on the UK sanctions list. Among them are bearings and spare parts manufacturers, Orda.kz reports.

The sanction list includes organizations such as LLP TawKZ, which produces industrial bearings, devices, tools, units, and equipment parts; LLP Rabadaziya, which engages in wholesale trade and belongs to a foreign individual; and the companies CPS Energy and Zapchast-Trade.

According to the British authorities, they all aided the Russian industrial complex by supplying parts and components.

The sanctions include freezing assets and denial of trust services.

The UK sanctions list also includes companies that may be involved in supplying machine tools and equipment parts to Russia - Kazstanex and Stanex Group.

Original Author: Nikita Drobny