Hidden imports provide economic lifeline to Assad and funds for a Russian oligarch under EU sanctions

In January, a cargo ship flying the Honduran flag disappeared from international tracking systems off the coast of Cyprus. When it reappeared a week later, the Sea Navigator was heading north to Europe. But the ship had not got lost – it had slipped into a Russian-controlled port in Syria to pick up phosphates, a key ingredient for making fertiliser.

Cheap Syrian phosphate exports to Europe have boomed in recent years. Europe has few phosphate reserves of its own and European farmers were already struggling to afford phosphate fertilisers before the war in Ukraine sent prices soaring even higher.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Donald Trump’s Truth Social posts bode ill for his return to Facebook

As Trump was reinstated, Meta’s Nick Clegg stressed ‘guardrails’ were in place.…

Kazakhstan to change name of capital from Nur-sultan back to Astana

The capital of the central Asian country was renamed Nur-sultan in 2019…

Pro-military protesters turn out for second day in Sudanese capital

Protesters say post-dictatorship interim government has failed them politically and economically Hundreds…