India has become the second largest supplier of critical technologies to Russia.
According to Ukrinform, this was reported by Bloomberg with reference to unnamed American and European officials.
It is noted that Indian exports of prohibited goods, such as microchips, circuits and machines, in April and May exceeded 60 million US dollars, which is almost double what it was in the previous months of the year, and in July this figure increased to 95 million US dollars. India is currently behind only China.
Even more frustrating for Ukraine's allies, some officials said, is that envoys who raise the issue receive little response from their Indian counterparts. The Ministry of Foreign Affairs of India declined to comment on the statistics provided by Bloomberg. According to the latest data, almost a fifth of the sensitive technologies that enter the Russian military-industrial complex reach the Russian Federation through India, officials said.
200% Deposit Bonus up to €3,000 180% First Deposit Bonus up to $20,000The report said the new data underscored the difficulties the US and its allies have faced in trying to limit Russia's attempts to wage war in Ukraine two and a half years after the full-scale invasion began. The export of most dual-purpose goods directly to Russia is prohibited, so the aggressor country began to buy them in third countries – sometimes at random subsidiaries of Western firms or intermediary networks.
Bloomberg sources added that while the allies are working to limit some of the supply routes of prohibited technologies to the Russian Federation, which included Turkey and the United Arab Emirates, the United new hubs appear. Among them – India, Malaysia and Thailand.
As reported by Ukrinform, in early September, the Institute for the Study of War (ISW) reported with reference to a Financial Times article that Russia secretly buys sensitive dual-use electronics in India, using significant reserves Indian rupees accumulated by Russian banks thanks to the growth of oil sales to India.