Bulgaria is concerned about the high level of exports of dual-use goods to Russia

Bulgaria is concerned about the high level of exports of dual-use goods to Russia

Kyiv  •  UNN

December 5 2023, 12:34 PM • 44775 views

Bulgaria is actively cooperating with the EU to limit exports of dual-use goods to Russia, as officials believe they are used for military purposes. New sanctions mechanisms are being considered.

The Bulgarian government is concerned about the high level of exports of dual-use goods, which are believed to be going to the Russian market. This is reported by Euractiv, UNN.

Details

Bulgarian Finance Minister Asen Vasilev announced the growth of exports of dual-use goods from the EU to Russia through Bulgaria, Turkey, Armenia and Azerbaijan. He also discussed the issue at a meeting with EU Commissioner for Financial Stability and Capital Markets Máiread McGuinness.

SEE ALSO: UAE to limit re-exports to Russia of dual-use goods used in the war against Ukraine

Both officials are confident that Russia is the final destination of these goods, mostly electronic components that can also be used in the military.

Bulgaria has started a very active work with the European Commission to identify companies and channels that will be intercepted

- said Bulgarian Finance Minister Asen Vasilev.

SEE ALSO: Bulgarian President Radev vetoes deal to give Ukraine APCs

It is noted that Vasilev and McGuinness will visit Kapitan-Andriyevo, the largest and busiest checkpoint in the Balkans and a major crossing point on the route between Europe and the Middle East.

Supplement 

According to Bulgarian authorities, about 20,000 companies in Europe are avoiding sanctions against Russia, but they are using proper customs documents. At the same time, Vasilev emphasized that new mechanisms should be created to fully implement the sanctions against Russia.

In turn, the EU Commissioner stated that these are the most extensive sanctions ever applied by Europe. According to her, the EU is currently working to eliminate the possibility of circumventing sanctions against Russia.

To recap

The US, EU and UK call on Liberia, the Marshall Islands and Panama to strengthen vessel supervisionto prevent Russian oil, the price of which exceeds the price ceiling, from being transported under their flags