goods transit

Kyrgyzstan shuts down companies suspected of helping Russia evade sanctions

Kyrgyzstan has announced it will shut down 50 companies suspected of helping Russia evade Western sanctions, a move analysts attribute to fears of being hit by secondary penalties. The landlocked Central Asian nation became a major transit hub for goods like microchips and luxury cars after sanctions over the 2022 Ukraine war, but now faces increasing pressure from the EU and UK.