Malaysia is ready to help Russia circumvent sanctions: what exactly they want to supply
April 25, 2022
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In an interview with RIA Novosti, Ambassador Bala Chandran said that his country’s authorities will consider any request from Russia regarding the supply of semiconductors and electronics. These
In an interview with RIA Novosti, Ambassador Bala Chandran said that his country’s authorities will consider any request from Russia regarding the supply of semiconductors and electronics. These products are experiencing a major supply shortage in Russia today due to US and EU sanctions.
what is known
Malaysia is one of the world’s largest semiconductor exporters.
Annual sales are $8.7 billion.
Malaysia’s ambassador to Moscow said he knew nothing about possible government-level talks, but He expressed hope for dialogue between businessmen.
Malaysian industry is market oriented. And I am sure that any request from Russia regarding the supply of such products will be taken into account. Says Bala Chandran.
“The electronics sector accounts for almost six percent of Malaysia’s GDP. So I’m glad you touched on that. We are a trading state. So, of course, our business sector will respond to supply and demand for products on the world market, including semiconductors and electronic devices.” he added.
This is likely to have ramifications for Malaysia, as the country is a participant in the world market and is therefore under the influence of the United States and the European Union, which may impose appropriate restrictions on attempts to circumvent sanctions.
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