Polish entrepreneurs continue to export goods to Russia, bypassing sanctions imposed through third countries. This was reported by Polish publication Rzeczpospolita He cites research from consultancy firm EY.
In the second half of last year, EY conducted a survey of companies operating in the Polish market on how sanctions against the Russian Federation affected them. According to the report, in the 18 months after the start of the conflict in Ukraine, more than two-thirds of companies surveyed made changes to their contracts with their contractors (69%) and even refused to import or export goods or services from Ukraine. eastern markets (67%). More than half (54%) have stopped working with one of their contractors.
Almost two-thirds (63%) of companies monitor changes to sanctions lists and manually check counterparties. Approximately 69% is supported by external suppliers. One in three companies (31%) were at risk of inadvertently violating sanctions, and one in six companies (16%) had breached sanctions.
According to experts, after the implementation of anti-Russian sanctions, exports of goods and services from Poland to Russia decreased by 33%. At the same time, exports to Turkey and the Eurasian Economic Community countries (Kazakhstan, Belarus, Armenia, Uzbekistan, Kyrgyzstan, Azerbaijan, Tajikistan) increased sharply by 57%. EY notes that Moscow and Minsk could potentially use intermediaries in other countries for the export or import of sanctioned goods.
Compared to the period before the imposition of sanctions against Russia and Belarus (2019-2021), Poland’s trade turnover with some Eurasian countries increased by several hundred percent. According to the research, the situation is the same for exports to Kyrgyzstan and Armenia (401%), whose value increased by 402 percent.
Previously Nabiullina in the name The most painful sanctions against the Russian Federation.