UAE denies sanctions violations as it deepens Russia ties ...Kuwait

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The UAE has reaffirmed that it is complying with the international sanctions regime against Russia over its invasion of Ukraine following reports that economic ties between the two countries have deepened. A UAE official stated that while "the ongoing global climate has led to financial and investment inflows to the UAE" it takes its "responsibilities extremely seriously, especially given the current circumstances." The official, speaking with the Wall Street Journal (WSJ) said that the UAE has a robust process to deal with sanctioned entities and individuals and UAE banks monitor compliance with sanctions in order to prevent violations of international law. It come

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