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The United States has imposed another package of sanctions against financial intermediaries through which Iran conducts international settlements, bypassing restrictions. Structures in the UAE, Turkey, Iraq and a number of Asian jurisdictions were hit. For Russian businesses using the same intermediaries to settle accounts with partners in the region, this is a direct signal to immediately check the counterparties on the sanctions lists.

As part of the 20th sanctions package, the European Union imposed strict export controls on 60 companies from China, Turkey and the UAE. These companies were included in the list for their alleged assistance in circumventing sanctions against Russia. For Russian businesses building supplies through these countries, it is a signal to check their partners immediately.

Uzbekistan and Turkey are preparing to launch regular container trains along the Uzbekistan–Turkmenistan–Iran–Turkey corridor. The focus is on speeding up delivery towards Europe and on cost predictability through standardization and digitalization of procedures. Against the background of the growth of transit through Central Asia, the competition of corridors will be decided by terms, tariff and quality of service.