Sunday, July 23, 2023

Maldives: Small island nation with big role shipping chips to Russia in circumvention of sanctions

More evidence how difficult it is to enforce the sanctions against Russia.

"The Maldives, a tiny South Asian archipelago nation, is not just a vacation getaway. The country also plays a key role in shipping semiconductor chips to Russia, acting as a transit point that allows Moscow to circumvent sanctions.
 
According to a Nikkei analysis, in the year following Russia's invasion of Ukraine, some 400,000 U.S.-made semiconductors worth $53.6 million were shipped to Russia via the Maldives. The country was second only to China, including Hong Kong, in terms of such shipments."

Maldives: Small island nation with big role shipping chips to Russia - Nikkei Asia $53m of chips transited Indian Ocean country 1 year after invasion, data shows

Male, the capital of the Maldives



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