Canada: Russia is trying to acquire high-precision technology to circumvent sanctions

Russia is trying to acquire advanced technologies to circumvent the sanctions imposed on it by Western countries. This was warned by the Canadian financial intelligence agency FINTRAC in a joint communiqué with its German and Dutch counterparts on Tuesday, 20 February, Polish Radio reports.

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) writes that after Russia's invasion of Ukraine, "financial intelligence agencies in the Netherlands, Germany and Canada have received reports from a number of sources about suspicious exports or attempted exports of dual-use goods to recipients in Russia."

The Centre recommends checking whether the person requesting the company is on the sanctions lists of Canada, the United States and the European Union.

FINTRAC points out that caution should be exercised, for example, with respect to firms that have only started operating after the Russian invasion of Ukraine in February 2022 or, for example, have made organisational or ownership changes during this period.

The day before, Canadian media reported that a Canadian of Russian descent living in the United States had confessed in a New York court to participating in the organisation of exports to Russia of electronics, which, among other things, can be used in drones.

Background. Meanwhile, it was reported that Canada wants to dispose of more than 80,000 CRV7 missiles, and Budanov is asking for them to be transferred to Ukraine.