The activity of Russian banks in any country causes sanctions

According to Webangah News quoted by Mehr News Agency quoted Rashatudi, the US Treasury Department threatened to sanction countries that allow Russian banks to operate.

The US Treasury Department’s Office of Foreign Assets Control announced that countries that maintain economic ties with Russia, if they allow Russian banks activate their local branches to facilitate bilateral trade, they will be sanctioned.

The US Treasury stated that the purpose of these actions is to block Moscow’s ways to circumvent the current sanctions. According to the claim of the US Treasury Department, Russian authorities use obscure schemes to pay for dual-purpose goods.

The statement of the US Treasury Department states: Washington is aware of Russia’s efforts to facilitate the process of circumventing sanctions by opening foreign branches and new branches of Russian financial institutions.

Since the beginning of the conflict in Ukraine in February 2022, Washington has targeted the interaction of foreign banks with Russian companies and financial organizations by imposing several rounds of sanctions. is.