The Ministry of Foreign Affairs of Kazakhstan responded on March 27, 2024, to concerns about the country potentially ending up on a sanctions list due to the extension of the agreement on transporting Russian oil to China. The question was raised by deputy Azhar Sagandykova during a plenary session of the Mazhilis, Kazakhstan's lower house of Parliament. She highlighted the extension of the agreement for another 10 years, until 2033, and inquired about any secondary sanctions that might affect Kazakhstan.
Deputy Foreign Minister of Kazakhstan Ermukhambet Konuspaev explained that the issue had been studied during the consideration of the protocol project. He stated that the sanctions were aimed at restricting the supply of Russian oil to EU countries, and at present, they do not see any sanction risks. Vice Minister of Trade and Integration Kairat Torebayev also confirmed that China is not among the countries under sanctions, ensuring there are no foreseeable sanction risks.
Previously, Mazhilis deputies ratified the extension of the Agreement between Kazakhstan and Russia on the transportation of Russian oil through Kazakhstan to China during a plenary session. The financial gains Kazakhstan stands to make over the 10-year contract period are detailed in the provided link.
