India has become the second-largest supplier of restricted critical technologies to Russia, according to US and European officials, who spoke on condition of anonymity to Bloomberg.
This development comes as the United States and its allies continue to face difficulties in limiting Russia’s ability to wage war in Ukraine. With direct exports of most dual-use items to Russia banned, the country has reportedly turned to third countries for procurement, sometimes through unwitting subsidiaries of Western firms or networks of intermediaries. Russia relies on countries like India, Serbia, and China to bypass Western sanctions.
Indian exports of restricted items such as microchips, circuits, and machine tools have seen a significant increase in recent months, Bloomberg reports.
These exports surpassed $60 million in both April and May, approximately doubling from earlier months this year, and reached $95 million in July.
The data…
