Latvian Authorities Claim to Have Uncovered Sanctions Evasion Schemes Involving Central Asia
Photo: Orda
Latvia’s financial intelligence service has identified around 400 cases of sanctions evasion, with Kazakhstan and other Central Asian countries frequently used to re-export goods to Russia and Belarus, Orda.kz reports, citing LSM.
According to authorities, private companies formally declared shipments to Central Asia, but once across the border, the goods were redirected to Russia and Belarus.
Most violations occurred at the Latvian border.
Our goal is not to restrict legal trade between Latvia and Central Asia — on the contrary, we aim to strengthen it. But the use of these countries in sanctions evasion schemes is not uncommon,
said Paulis Iljenkovs, head of Latvia’s financial intelligence unit.
He added that Latvian banks have effectively prevented sanctions violations due to strict monitoring mechanisms.
Earlier, an individual arrested in Estonia was found to have supplied banned equipment to Russia via Kazakhstan.
Latest news
- Ecology Ministry Explains 13 Million Tenge Fine For Picking Dandelions
- Kazakhstan Refineries Increase Oil Processing Depth To 90%
- High Rates No Longer Keep Kazakh Banks’ Profits Rising, Analysts Say
- Almaty Health Officials Prepare for Possible Hantavirus Cases
- Ministry Says Saiga Deaths Remain Within Natural Limits
- Kazakhstan Faces Shortage of Doctors and IT Specialists
- Kazakhstan Petition Calls for VAT Removal on Feminine Hygiene Products
- Kazakhstan to Publish Register of Convicted Economic Crime Offenders
- Kazakhstan’s Economy Grew 3.6% in Four Months
- Shymkent Colleges Used Fictitious Students to Steal Over 1.3 Billion Tenge
- Almaty Court Extends Chechen Activist’s Extradition Arrest
- Record Rainfall Hits Almaty
- Falling Caspian Sea Level Reshapes Northern Coastline
- Kazakhstan Says It Is Ready To Help Resolve Iran’s Nuclear Issue
- Pashinyan Explains Why He Will Skip The EAEU Summit In Astana
- Kazakhstan To Gradually Cut University Programs In Oversupplied Fields
- Kazakhstan Offers Indonesia A Route To Central Asia And Europe
- Kazakhstan Tightens Rules for Master Plans and Urban Development
- Kazakhstan Approves Rules for Digital Tenge Circulation
- Military Jets to Conduct Training Flights Over Astana
