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Serhat Latifoğlu: Sanctions only delay alternative system

Summary by Aydınlık
Following the threats of sanctions, Turkish banks, and now Chinese banks as well, have started to halt money transfers to Russia. Latifoglu said that the effectiveness of sanctions can be neutralized by establishing independent private banks and their inclusion in alternative international payment systems.
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AydınlıkAydınlık

Serhat Latifoğlu: Sanctions only delay alternative system

Following the threats of sanctions, Turkish banks, and now Chinese banks as well, have started to halt money transfers to Russia. Latifoglu said that the effectiveness of sanctions can be neutralized by establishing independent private banks and their inclusion in alternative international payment systems.

·Türkiye
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Aydınlık broke the news in Türkiye on Saturday, March 2, 2024.
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