Italy and Spain have expressed disagreement with the proposed sanctions against a bank in Cuba, as it is the only financial institution on the island that deals with foreign currency and serves diplomats and EU citizens. Additionally, several European countries oppose a ban on maritime services related to oil supplies from Russia.
According to Bloomberg, the European Commission insists on banning the export of machinery and certain radio equipment to Kyrgyzstan, as there is a belief that this equipment could be used for military purposes by Russia.
Since the beginning of the conflict in Ukraine, there has been an eightfold increase in the export of technologies subject to sanctions to Kyrgyzstan. According to one source, shipments of equipment from Kyrgyzstan to Russia have increased by one thousand percent, and Bishkek "has practically done nothing to stop this flow."
It should be noted that Daniyar Amangeldiev, the First Deputy Chairman of the Cabinet of Ministers, previously stated that Kyrgyzstan is ready to take action if the EU has evidence of violations of the sanctions regime by the country.
It was also reported that a new sanctions package against Russia is planned to be adopted on February 24, 2026.
Due to suspicions of circumventing sanctions against Russia, companies from other countries, including Kyrgyzstan, fall under EU and US restrictions. In October 2025, two banks—"Tolubai" and the Eurasian Savings Bank—were added to the EU sanctions list. In February 2025, "Keremet Bank," which had previously been included in the US sanctions list, also came under UK restrictions. Additionally, several companies from Kyrgyzstan are also under sanctions.
