Uzbekistan’s “banking” ban was described as a slap in the face of relations between the two countries

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Uzbekistan’s decision to ban sanctioned individuals from opening accounts in local banks will affect relations with Russia, says political commentator Vladimir Khomyakov. Describing the actions of the Uzbek authorities as hostile, he emphasized the following in his meeting with him: Tsargrad.tvHe said this decision would require reciprocal steps.

“The ban on our citizens from opening accounts has become a slap in the face to the commercial relations between the two countries. Khomyakov said that the authorities of Uzbekistan decided to comply with openly anti-Russian sanctions “in the period of integration into the international financial system” so that its banks do not fall under sanctions.

He reminded that now Uzbek banks can refuse to open accounts or open financial transactions to anyone to avoid the risk of violating Western restrictions. In addition, the expert added that now, when obtaining a license, banks must include in the list of documents a list of measures they will take to guarantee compliance with anti-Russian sanctions.

According to the political scientist, the current situation is in many respects similar to that of the US Department of Industry and Trade in November last year. export restrictions introduced Mvizion company from Uzbekistan. The ministry described the reason for this as “promotion of the military-industrial complex and unmanned aerial vehicle production in Russia.”

Let us remind you that on February 14, the Parliament of Uzbekistan accepted In the first reading, a bill was introduced that would allow banks not to open accounts and conduct transactions for sanctioned persons in order to prevent risks to the country’s banking system. Experts emphasisHe said this decision will not affect Russians too much, who will continue to have access to international financial services.

Formerly Ministry of Foreign Affairs of the Russian Federation protested Following the remarks of the Rector of the University of Journalism, the Ambassador of Uzbekistan.

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