Sanctions. The EU insists on banning the export of machinery to Kyrgyzstan - Bloomberg

Наталья Маркова Economy
VK X OK WhatsApp Telegram
According to Bloomberg, the European Union is facing resistance from several countries in its attempts to impose new sanctions against Russia concerning ports and banks used for oil sales. This could significantly weaken the next package of anti-Russian measures, sources from the publication report.

Brussels has encountered a cautious response from Italy, Greece, Hungary, and Malta regarding its plans for sanctions against the ports of Georgia and Indonesia. Additionally, Italy and Spain have expressed disagreement with proposals for sanctions against a Cuban bank, as it only serves diplomats and EU citizens and is the only one on the island operating with foreign currency. Some European states also do not support the idea of banning maritime services related to the supply of Russian oil.

Bloomberg reports that the European Commission is strongly advocating for a ban on the export of machinery and certain types of radio equipment to Kyrgyzstan, as there are concerns that this equipment could be used for military purposes by Russia.

Since the onset of military actions in Ukraine, the export of sanctioned technologies to Kyrgyzstan has increased eightfold. At the same time, according to one source, supplies of equipment from Kyrgyzstan to Russia have surged by a thousand percent, and Bishkek is essentially taking no measures to stop this flow.

It is worth noting that earlier Daniyar Amangeldiev, the First Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan, stated that the country is ready to take action if the European Union provides evidence of Bishkek violating the sanctions regime.

It has also been reported that a new package of sanctions against Russia is expected on February 24, 2026.

Due to suspicions of circumventing restrictions against Russia, companies from other countries, including Kyrgyzstan, are being added to the EU and US sanctions lists. In October 2025, the European Union added two banks—"Tolubay" and the Eurasian Savings Bank—to its sanctions list. In February 2025, "Keremet Bank," which had previously been included in the US list, also came under UK sanctions. Additionally, several companies from Kyrgyzstan are also under restrictions.
VK X OK WhatsApp Telegram

Read also: