THE SUPPLY CHAIN THAT KEEPS TECH FLOWING TO RUSSIA

On 13 December, Reuters published a Special Report, saying that in March this year, a new company appeared in Turkey’s corporate registry.  Azu International Ltd Sti described itself as a wholesale trader of IT products, and a week later began shipping US computer parts to Russia.  Over the next 7 months, the company exported at least $20 million worth of components to Russia, including chips made by US manufacturers, according to Russian customs records.  The Report says that Azu International is an example of how supply channels to Russia have remained open despite Western export restrictions and manufacturer bans and that at least $2.6 billion of computer and other electronic components flowed into Russia in the 7 months to 31 October.  Now a  joint investigation by Reuters and RUSI details the global supply chain that continues to feed Russia with Western computer components and other electronics.  For example, US semiconductor maker Intel Corp said in March that it had suspended all shipments to customers in Russia, but Reuters found at least $457 million worth of Intel products arrived in Russia between 1 April and 31 October.

https://www.reuters.com/investigates/special-report/ukraine-crisis-russia-tech-middlemen

 

https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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