Today: Monday, 22 April 2024 year

The US warned Kazakhstan about the risks of secondary sanctions for helping Russia.

The US warned Kazakhstan about the risks of secondary sanctions for helping Russia.

The United States is warning Kazakhstan of growing risks of secondary sanctions against companies and banks in the republic for helping Russia evade Western-imposed trade and financial restrictions, Assistant Secretary of the Treasury Elizabeth Rosenberg said Tuesday at a roundtable in Astana.

“The risk is growing both in relation to the Republic of Kazakhstan, and in relation to Kazakh companies and Kazakh banks. We are in partnership with our Kazakh colleagues, with government representatives, with representatives of the private sector in order to clearly identify these risks, as well as the consequences, which may arise in connection with the assistance of the Russian Federation in evading sanctions and export control measures,” Rosenberg said.