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    KR ready to allow audit of Kapital Bank and Trading Company to dispel Western sanctions fears
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    Published

    05/19/2025, 08:48

    KR ready to allow audit of Kapital Bank and Trading Company to dispel Western sanctions fears

    During a working visit to the UK, First Deputy Chairman of the Cabinet of Ministers Daniyar Amangeldiev held talks with David Reed, Director for Sanctions at the British Foreign Office. The main topic of the meeting was the issues of compliance with the sanctions regime and prevention of circumvention of international sanctions.

    The British side expressed concern about the activities of Capital Bank of Central Asia OJSC and Trade Company of the Kyrgyz Republic OJSC, which, according to London, may be involved in schemes to circumvent international sanctions.

    In response, the Kyrgyz side stated its readiness to provide an international audit of these companies with the involvement of recognized audit organizations.

    Daniyar Amangeldiev stressed that these companies were created to systematize and monitor trade and financial transactions, and not to participate in schemes to circumvent sanctions. The parties agreed to continue consultations and dialog on this issue.

    We would like to add that Kyrgyzstan remains in the zone of close attention of Western countries in connection with the growth of foreign economic activity and risks of re-export of goods to circumvent the sanctions imposed on Russia. 


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