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Doing Business with the FCE: Sanctions
Trade Sanctions Advice USCT Member : Posted 13 Feb 2026
FTNX has never agreed on the idea that Governments use trade as a political tool. It stifles business and it disallows ordinary people to earn a living while officials are still able to curtail sanction rules and laws– nevertheless the importance of abiding by the rule of law is paramount to conducting safe and legal business on the international arena. A new powerful world trade court able to solve disputes quicky without the huge cost, politics and usual rhetoric backed by a superpower like China in association with U.K lawyers should be established to produce a powerful service to only importers and exporters, so as to eliminate trade sanctions in setting the world on a course of good trade business and trade relationships based on well tested principles, backed by standing international trade laws. I say China, because China does not engage western wokeness, and time wasting efforts backed by long speeches, that seldom produce results. Countries who agree to allow China to supervise and referee such actions agree not to apply sanctions as a political tool in where a secondary members SWIFT payment system using Euro or BPD and other currencies is initiated and activated as the US dollar is not longer the powerhouse currency it used to be due to the adversarial and dishonest nature of the current US administration.
Western trade sanctions are generally divided into comprehensive embargoes (total trade bans) and targeted sanctions (specific industries, individuals, or goods).
Countries Under Comprehensive Embargoes
These nations face the most severe restrictions, where nearly all commercial activity is prohibited.
Cuba , Iran , Noeth Korea b (DPRK), Syria , Russia (Specifically certain sectors and occupied regions of Ukraine like Crimea, Donetsk, and Luhansk)
Countries Under Targeted or Partial Sanctions
Sanctions in these regions focus on specific sectors (like arms, luxury goods, or energy) or designated individuals and entities. The PCT must ascertian what goods bear sanctions as world banks will not process UCP DLC payments otherwise. If the goods are those as generally traded then below countries are accpetable trading partners.TRIBE rules already emphasis that certain goods especially miilitary goods must not be traded by a PCT.
Afghanistan, Belarus,Burma (Myanmar), Central African Republic
China (Mainly restricted only for military end-use and specific technology)
Democratic Republic of the Congo, Ethiopia, Haiti, Hong Kong
Iraq, Lebanon, Libya, Mali, Nicaragua. Somalia, South Sudan. Sudan
Venezuela, Yemen. Zimbabwe
Official Sanction Lists Verification
For real-time verification, you should consult the primary western regulatory bodies:
Personal Embargoes
- FTNX also applies sanctions to dishonest companies it has had disasterous dealing with in the past, the details of which remain confidential so as it allow us to take note when a banned entity approaches us or a USCT member direclty or via others traders.
- FTNX does not conduct busines with the Isreali Goverment in matter of supplying goods for infrastucture developement for the killing of many unarmed civilians especially thousands of children, in Palestine, at will, with intent. Conduting business with people of the Jewish faith as per traders not situated in Isreal is welcomed on the condition goods are not being imported or exported from Isreal.
Added Considerions: Embargoes
Kazakhstan has a lot of goods to offer for exports and is not currently under a comprehensive western trade embargo. In fact, it remains a major trading partner for the European Union. However, because of its close economic ties and shared border with Russia, it is a high-risk jurisdiction for secondary sanctions and export controls. Again due dilligence must apply .
Current Sanction Status (as of early 2026)
- No Country-Wide Embargo: Kazakhstan is not on the primary sanctions lists of the US (OFAC), UK, or EU.
- Targeted "Secondary" Sanctions: Western governments have sanctioned specific Kazakh companies (such as CPS Energy LLP and TOO TawKZ) for allegedly helping Russia bypass trade bans on electronics and drone components.
- Financial Restrictions: Some Kazakh branches of Russian banks (like VTB Bank) are subject to asset freezes and payment restrictions.
- Transit & Export Bans: As of December 2025, Kazakhstan has implemented its own strict export licensing for 106 types of dual-use goods to prevent them from reaching the Russian military and to avoid being hit by wider Western sanctions.
The West is currently using an "Anti-circumvention tool" (activated in the EU's 20th sanctions package in February 2026) that allows them to restrict the export of specific goods to Kazakhstan if those goods are consistently found being re-exported to Russia.
Operating Documentary Letters of Credit (DLC) via SWIFT with Kazakhstan is legal and common, but it currently requires high-level compliance due to secondary sanctions risks. While Kazakhstan is not a sanctioned country, the West monitors its banking sector closely for "sanctions circumvention" related to Russia.
- Sanctioned Entities: You must verify that neither the issuing bank in Kazakhstan nor the beneficiary is on a Western restricted list. For example, the EU and US have specifically sanctioned VTB Bank's subsidiary in Kazakhstan.
- Dual-Use Goods: Using a DLC (SWIFT MT700) for goods that could have military applications (electronics, drone parts, specialized machinery) is a major "red flag" for Western correspondent banks.
- The "Shadow" Trigger: As of January 2026, the EU's 20th sanctions package allows for the restriction of exports to Kazakhstan if there is evidence that the specific goods being traded are consistently redirected to Russia.
Operational Requirements (As of Feb 2026)
- National Catalogue of Goods (NCG): From 1 January 2026, all goods imported or sold in Kazakhstan must be registered in the National Catalogue of Goods. Without an NCG identification code, banks may block the issuance of electronic VAT invoices, which could stall the document presentation stage of your DLC.
- Strict Documentation: Banks now require exhaustive paperwork to prove the final destination of the goods to avoid secondary sanctions.
- SWIFT Restrictions: While most Kazakh banks remain on the SWIFT network, transactions involving sanctioned Russian-linked subsidiaries may be blocked or rejected by intermediary banks in the US or Europe.
Safe Practice Recommendations
- Use major local banks like Halyk Bank, Kaspi, or Bank CenterCredit, which currently hold the majority of the sector's assets and maintain strong Western compliance standards.
- Ensure your contract includes an anti-sanctions clause and explicitly states that the goods are for consumption within Kazakhstan only.
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