Sanctions blocking exports of electronics to Russia – Kommersant ...News

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A number of foreign banks are reportedly rejecting payments from importers Several banks in Armenia, Kazakhstan and Hong Kong are blocking payments from Russian importers for supplies of electronic equipment, Kommersant reported on Wednesday, citing market sources. According to the business news outlet, over the past two weeks an increasing number of transactions involving deliveries of servers, microcircuits, processors and other electronics to entities in Russia have been blocked. One source noted that payments have also been blocked for deliveries of the latest telecommunications equipment and data storage syst

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