Tuesday, 02 January 2024 12:17 GMT

Russia Trying To Circumvent Western Sanctions, Using Türkiye


(MENAFN- UkrinForm) U.S. Treasury is concerned about Russian individuals and entities attempting to use Türkiye to dodge sanctions, imposed by the U.S. and 30 other countries.

That's according to a readout of U.S. Deputy Treasury Secretary Wally Adeyemo's meeting with Türkiye's Yunus Elitas, released by the press service of the Department of Treasury.

“Deputy Secretary Adeyemo raised concerns that Russian entities and individuals are attempting to use Türkiye to evade sanctions put in place by the United States and 30 countries,” the readout says.

Read also: Erdoğan reiterates Türkiye 's support for Ukraine, warns of another Chornobyl disaster

He reiterated the United States' interest in the success of the Turkish economy and expressed the Treasury's commitment to its partnership with the Government of Türkiye to protect the integrity of its banking sector.

Earlier, western media reported that Türkiye was ignoring Russia sanctions and boasting of increased trade turnover with the Russian Federation.

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