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Uzbekistan decides to join financial sanctions against Russia

DATE: March 13, 2024 | AUTHOR: AT

The Uzbek parliament has passed in the first reading a bill that would ban banking transactions in the country for under-sanctioned Russian individuals and legal entities. The initiative was proposed due to the risks of secondary sanctions against Uzbekistan.

The bill applies only to companies and individuals on the SDN list, so most Russians will not be affected by these restrictions.

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