Stopping the financial transaction of Russians to buy Chinese parts in UAE banks

reported by Mehr reporter quoted independent sources as saying that since the beginning of August, UAE banks refuse to make transactions for Russians in the purchase of electronic components from Chinese companies.

It has been said that the reason why UAE banks are afraid of carrying out these financial transactions is the fear of being caught in the secondary sanctions imposed by the West and the United States against Russia.

This action of Emirati banks has become an obstacle in the way of trade between Russia and China because the United States has increased the pressure to implement the sanctions imposed against Russia under the pretext of military conflict with Ukraine.

Informed sources have stated that Russian companies have always used UAE banks to transfer money and directly purchase electronic equipment from China.

In the end, of course, the IF Independent news agency announced that it is not possible to confirm or deny this claim from informed sources. .