According to the materials of the site - By Cryptopolitan_News

The head of Kyrgyzstan addressed the leaders of the USA and the UK, urging them to avoid 'politicizing the economy' after London punished Kyrgyz banks and cryptocurrency companies allegedly used by Moscow to circumvent war-related restrictions.

In response to the sanctions imposed this week by the British government, and earlier by Washington, President Sadyr Japarov stated that these measures are not based on evidence and will not harm Russia, with which the West continues to trade.

In an interview published on Thursday, Japarov criticized the governments of the UK and the USA for sanctions against Kyrgyz financial institutions without providing evidence of their involvement in circumventing Western restrictions against the Russian Federation.

Among the organizations targeted by London is the Kyrgyz 'Capital Bank', suspected of using military equipment from Moscow. In January, the USA imposed sanctions on 'Keremet' bank, which is also believed to be involved in evading sanctions. This week, British authorities also attacked 'crypto networks', allegedly used by the Kremlin to finance military actions in Ukraine. Among them is the Kyrgyz company Old Vector, which issues a ruble-pegged stablecoin A7A5, which has also been sanctioned by the USA.
The President of Kyrgyzstan complained that his administration was not presented with any evidence supporting these accusations. In an interview with the official news agency 'Kabar', Sadyr Japarov stated that the USA 'failed to present a single fact of violation' in the case of 'Keremet'. He also explained:

"Today, there are 21 banks operating in Kyrgyzstan. To avoid the risk of any of them being sanctioned, we decided that only the state bank 'Keremet' would work with the Russian ruble."

"All operations are under state control, and the profit goes directly to the state budget," said the president, noting that the same applies to 'Capital Bank'. He emphasized that all this was discussed with the American side.

Japarov reminded that government representatives met with the US ambassador to Kyrgyzstan Leslie Vigier and representatives of the Office of Foreign Assets Control (OFAC). Bishkek proposed conducting an independent audit of its banks' activities, but this proposal was rejected.
American officials stated that they have certain information, and the president of Kyrgyzstan is convinced that it comes from local NGOs and government opponents, whom he accuses of sending 'anonymous false messages'.

The Kyrgyz leader also noted that about a million citizens of his country live and work in Russia. These people 'send billions of rubles home every day', and this money needs to be converted into local fiat currency.

Sadyr Japarov also suspects that the reason for the attacks on the former Soviet republic may be Kyrgyzstan's growing economy, with a GDP growth of nearly 12%. 'I believe this is why we are being pressured,' he commented, suggesting that great powers prefer to deal with dependent countries.

Japarov, who is also quoted by Reuters, stated:
"That is why I appeal to the leadership of these countries, to [US President] Donald Trump and [UK Prime Minister] Keir Starmer... The economy should not be politicized."

Sanctions against Kyrgyzstan will not harm Russia, the president stated.
Japarov, who took office in 2021 and became the sixth president of Kyrgyzstan since independence, emphasized that his country pursues a so-called 'multi-vector policy', cooperating with many partners, including the UK, to which the country sells gold worth 1 billion dollars annually.

The President of Kyrgyzstan does not expect that the sanctions against Kyrgyzstan will harm Russia. Complaining about the unfair treatment of his country, he again demanded evidence.

"Honestly, Capital Bank will not suffer either. It will continue to operate and generate profit for the state as before," he added, citing the example of Russia's Sberbank, whose annual profit in 2024 exceeded 13 billion dollars.
Sadyr Japarov acknowledged that sanctions, however, have consequences, accusing the countries imposing them of continuing to do business with Russia. Just last year, trade between the EU and Moscow, he noted, reached 141 billion dollars, and the trade between the UK and Russia amounted to 2.2 billion dollars.

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