Russia last year imported $1.7 billion worth of foreign-made microchips despite international sanctions meant to prevent Moscow from obtaining advanced technology that can be used for military purposes in its war in Ukraine, Bloomberg said, citing classified Russian customs service data. Most of the chips, worth $1.2 billion were produced by U.S. and European companies. The customs documents do not indicate which companies imported the chips to Russia and when they were produced, Bloomberg said. A Bloomberg source said in March that third countries that did not join the sanctions, such as Turkey, Kazakhstan, and the UAE act as intermediaries. To read the original story by Current Time, click here.
Russia Imported More Than $1 Billion Worth Of Microchips Made In U.S. And Europe In 2023
- By Current Time
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