Kremlin Warns Mideast That New Finance Curbs Will Hurt Trade
- Moscow also pressed Mexico and Malaysia ahead of FATF meeting
- Ukraine and others push to penalize Russia at the watchdog
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Russia is ramping up a lobbying campaign to avoid new financial restrictions against money-laundering that may plunge its economy deeper into isolation over the war in Ukraine.
Moscow has approached more than half a dozen countries including Saudi Arabia, Turkey, Mexico and the United Arab Emirates in recent weeks to spell out the negative consequences for trade ties if the Financial Action Task Force imposes more restrictions this month.