Russia, China Mull Payment System to Bypass U.S. Sanctions

After signing an agreement with Chinese Premier Li Keqiang on Wednesday, Russian Prime Minister Dmitry Medvedev suggested the two countries consider linking their payment systems in a move that would allow both countries to skirt much of the economic pressure created by U.S. sanctions.

 

In the face of withering sanctions imposed by the U.S., Russia has reached out to China to consider a payment system that allows them to bypass the American banking system, thereby avoiding sanction restrictions.

Is Turkey planning to bypass global ammunition regime?

The Turkish technology and industry minister’s suggestion that the country will attempt to produce its own ammunition has caused concern among some NATO partners that the move could contravene an international treaty

Western diplomats and military officials remain puzzled over remarks by a Turkish minister that Turkey is set out to produce unspecified types of ammunition and thus circumvent foreign suppliers’ potential sales blockades.

In a recent speech, Science, Industry and Technology Minister Fikri Işık said Turkey would launch a “national” factory this year to produce its own “warheads, airplane bombs and plastic explosives.”
He said the new factory would end Turkey’s dependence on foreign suppliers of this type of ammunition.