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Thursday, September 17, 2026
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Hong Kong

Banks in Armenia, Kazakhstan and Hong Kong do not accept wickerwork from Russia as “parallel import” goods

Banks in Armenia, Kazakhstan and Hong Kong do not accept wickerwork from Russia as “parallel import” goods

Banks in Armenia, Kazakhstan, and Hong Kong have begun blocking payments from Russian companies for electronics supplied through so-called “parallel imports,” or smuggling, due to the risk of sanctions. Kommersant writes about this, citing industry sources. In particular, no payment is made for servers, chips, processors and other telecom equipment for legal entities from Russia. […]