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Russian and Chinese banks, with the help of financial institutions from countries considered friendly by Russia, have created a netting payment transfer system. The goal of the project, named The China Track, is to hide transactions from Western regulators and thereby reduce the risk of secondary sanctions. asiaplustj.info »
Fergana reports that the authorities of Kazakhstan do not want the country’s territory to be used to circumvent anti-Russian sanctions. Roman Vasilenko, the Deputy Foreign Minister of Kazakhstan, reportedly stated this in an interview with Poland’s state-run news agency PAP . asiaplustj.info »
Central Asia’s nations and the European Union (EU) are determined to continue their strategic partnership by strengthening engagement and deepening the cooperation and connection between both regions. asiaplustj.info »
At least two European airlines scrapped flights to Moscow Thursday (May 27) after Russian aviation authorities didn’t give them permission to change their routes in order to bypass Belarus, Bloomberg reported Thursday evening. asiaplustj.info »