Revealed: British firms are exporting aircraft parts to Russia - London Business News | Londonlovesbusiness.com
Briefly

British firms are under scrutiny for exporting over $50 million worth of aircraft parts to Russia during the ongoing conflict in Ukraine. Analysis of customs data reveals 700 cargo shipments have passed through Indian intermediaries, including critical components essential for aircraft operations. This revelation comes as UK authorities emphasize the need for companies to ensure that their products do not end up in Russia, highlighting challenges in enforcing sanctions, particularly as intermediaries adapt quickly to bypass restrictions. Experts describe the ongoing enforcement struggles as similar to a 'whack-a-mole' game.
British firms are reportedly exporting aircraft parts to Russia despite ongoing sanctions. Over $50 million worth of parts were sent via intermediaries in India.
Experts warn that targeting intermediaries has proven difficult for authorities, likening it to a game of whack-a-mole, as these entities are easily replaceable.
Read at London Business News | Londonlovesbusiness.com
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