Kazakh company trading in electronic and telecommunications equipment fell under EU sanctions Kazakhstan’s company Elem Group LLP is included in the 13th package of EU sanctions against Russia, the list of sanctioned companies was published on Friday in the Official Journal of the EU.According to the documents, new export restrictions, sanctions against individuals and entities that, according to the EU, are related to the Russian military and industrial complex, come into force on Saturday - the day after publication in the Journal.Earlier, the Ministry of National Economy of Kazakhstan made a statement regarding the Elem Group, which was included in the "entity list" of the Bureau of Industry and Security of the US Department of Commerce.“It is important to note that these are not secondary sanctions, that is, they are not related to the blocking list of the Office of Foreign Assets Control (OFAC) of the US Treasury Department (SDN list). It is worth noting that since May 2023, Elem group LLP has not been conducting foreign trade activities ", the Ministry of National Economy of Kazakhstan said in a statement.According to public data, Elem Group is engaged in the wholesale trade of electronic and telecommunication equipment and parts. (ICE ALMATY)

Fonte notizia: Interfax