[Scythian]

SG sanctions on Russia is like " close one eye " Partly I go value shop happen to buy Nestle coffee epic from Russia. If SG sanction Russia means those business owners cannot import any Goods made , manufacture from Russia liao.

If a company's owner draws his personal Banks OD to allow his company to buy cheap Russian oil is not contravening Govts sanctions becoz.

1. An individual utilising Bank's OD lines
2. The company didn't used any banks facilities 
3. Purchased @ 25% discount advantage - sure profit
4. Sold oil to customer eg Australia @ market px
5. Putin uses money to pay N Korean Kim
6. Everything done overboard 

So, question 22, what's the purpose of Govt imposing sanction?
LPPL

[Scythian]

If a company's owner draws his personal Banks OD to allow his company to buy cheap Russian oil is not contravening Govts sanctions becoz.

1. An individual utilising Bank's OD lines
2. The company didn't used any banks facilities 
3. Purchased @ 25% discount advantage - sure profit
4. Sold oil to customer eg Australia @ market px
5. Putin uses money to pay N Korean Kim
6. Everything done overboard 

So, question 22, what's the purpose of Govt imposing sanction?
LPPL

So, tell me, it's justified 

[Scythian]

"What sanctions did the EU put on Russia?
Trade sanctions adopted on 3 June 2022

I A ban on the importation of crude oil and petroleum products originating in Russia.

 II An expansion of the list of goods and technology which may contribute to the technological enhancement of Russia's defence and security sector and whose export is prohibited."
https://www.google.com/search?q=EU+impos...+on+Russia&oq=EU+imposed+sanction+on+Russia&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIICAEQABgWGB4yCAgCEAAYFhgeMggIAxAAGBYYHjIICAQQABgWGB4yCAgFEAAYFhgeMggIBhAAGBYYHjINCAcQABiGAxiABBiKBTINCAgQABiGAxiABBiKBTINCAkQABiGAxiABBiKBTIHCAoQIRiPAjIHCAsQIRiPAtIBCTE1ODI5ajFqOagCDrACAQ&client=ms-android-oppo-rvo3&sourceid=chrome-mobile&ie=UTF-8#:~:text=What%20sanctions%20did,export%20is%20prohibited.

[Scythian]

Singapore extremely generous 

"In response to a request from Ukraine, the Singapore Government will contribute a humanitarian assistance package comprising 22 ambulances. 

The assistance package was put together by the Singapore Government to support international efforts, given the humanitarian crisis and needs in Ukraine.

7 Sept 2023"
https://www.google.com/search?q=Singapor...to+Ukraine&oq=Singapore+donated+ambulance+and+medical+aids+to+Ukraine+&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigATIHCAMQIRigAdIBCTMxMDYxajFqNKgCDrACAQ&client=ms-android-oppo-rvo3&sourceid=chrome-mobile&ie=UTF-8#:~:text=In%20response%20to%20a%20request%20from%20Ukraine%2C,7%20Sept%202023

[Scythian]

Imposed restrictions on Banks, financial institutions, insurance etc..

"Entering into financial transactions or providing financial assistance or services in relation to the export from, transhipment in or transit through, Singapore or any other jurisdiction of goods subject to Singapore’s export controls on Russia;"

https://www.mfa.gov.sg/Newsroom/Press-St...0Russia%3B

"What are UN goods-based sanctions?
Restrictions on trade in goods and services generally prohibit the export and/or import of certain goods and the provision of. certain services. These measures typically prohibit the provision of certain goods and/or services to the country (or region) subject to the sanctions measure."
https://www.google.com/search?q=UN+sanct...d+services&oq=UN+sanctions+including+goods+and+services&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigATIHCAMQIRigAdIBCTI0MTMzajFqNKgCDrACAQ&client=ms-android-oppo-rvo3&sourceid=chrome-mobile&ie=UTF-8#:~:text=What%20are%20goods,the%20sanctions%20measure.

[Scythian]

Russia sanction guidance 

"Regulation 46XD (Schedule 3DA revenue generating goods) prohibits the direct or indirect supply or delivery of revenue generating goods listed in Schedule 3DA from a place in Russia to a third country.

Regulation 46Z9B (Maritime transportation of certain oil and oil products to and between third countries) prohibits the direct or indirect supply or delivery by ship of oil and oil products under the commodity codes 2709 and 2710 from a place in Russia to a third country or between third countries."
https://www.gov.uk/government/publicatio...0countries.

[Niubee]

Australia is buying 90% of its oil imports from Singapore allowing Singapore to reap big profits.

  It's thru a 3rd party

Aust is god like.
Perfect people and country

[Scythian]

Aust is god like. 
Perfect people and country 

"CCCS enforces the Competition Act 2004, and has broad legal powers to investigate and penalize infringing parties. 

It also enforces the Consumer Protection (Fair Trading) Act, which protects consumers against unfair trade practices in Singapore.

"The Consumer Protection (Fair Trading) Act (Chapter 52A). In relation to the Act, besides investigating and enforcing against practices that have an adverse effect on competition in Singapore, CCCS also represents Singapore in respect of competition matters in the international arena.

[Niubee]

"CCCS enforces the Competition Act 2004, and has broad legal powers to investigate and penalize infringing parties. 

It also enforces the Consumer Protection (Fair Trading) Act, which protects consumers against unfair trade practices in Singapore."

USA must sanction Aust for NOT following master order. Total dog like practice.

[Scythian]

USA must sanction Aust for NOT following master order. Total dog like practice.

"The Consumer Protection (Fair Trading) Act (Chapter 52A). In relation to the Act, besides investigating and enforcing against practices that have an adverse effect on competition in Singapore, CCCS also represents Singapore in respect of competition matters in the international arena."

Cheap Russian sanctioned crude oil : Where got?

[Niubee]

"The Consumer Protection (Fair Trading) Act (Chapter 52A). In relation to the Act, besides investigating and enforcing against practices that have an adverse effect on competition in Singapore, CCCS also represents Singapore in respect of competition matters in the international arena."

Cheap Russian sanctioned crude oil : Where got?

roti prata king

[Scythian]

roti prata king

By buying cheap Russian sanctioned oil is dishonest and maxing cheap Russian sanctioned oil with others to sell to customers including Australia is considered cheating.

[Niubee]

By buying cheap Russian sanctioned oil is dishonest and maxing cheap Russian sanctioned oil with others to sell to customers including Australia is considered cheating.

Nobody forced Aust to buy. They have Anglo traders and need not buy from SG.

[Scythian]

Nobody forced Aust to buy. They have Anglo traders and need not buy from SG.

If someone is dishonest wanted to cheat, they will find all sorts of tricks.

[Niubee]

If someone is dishonest wanted to cheat, they will find all sorts of tricks.

Speaking for yourself lah. Slandering all directions.

[kopihothot]

Exports

In October 2024, the U.S. exported $52.1 million to Russia.

The top exports were vaccines, medical instruments, other edible preparations, optical fibers, and orthopedic appliances.
Exports from the U.S. to Russia decreased sharply in March 2022.

Imports

In October 2024, the U.S. imported $314 million from Russia.

The top imports were platinum, nitrogenous fertilizers, radioactive chemicals, mixed mineral or chemical fertilizers, and potassic fertilizers.
Fertilizers were the most-imported commodity to the U.S. from Russia in the first 11 months of 2024.

Trade balance

In October 2024, the U.S. had a negative trade balance of $262 million with Russia.

In November 2024, the value of U.S. merchandise imports from Russia exceeded the exports by around $89 million.

[kopihothot]

EU merchandise trade value with Russia 2020-2023, by flow
Published by Statista Research Department, Jun 13, 2024

European Union (EU) countries exported goods worth over 38 billion euros to Russia in 2023. That was roughly half of the 2020 export value. Imports from Russia were higher than exports to it, at around 51 billion euros in the latest year observed. The trade balance dropped sharply to approximately 147.7 billion euros in 2022 as a result of trade restrictions on Russia over the invasion of Ukraine.

[revealer]

Businessmen is businessmen.  They will find ways to do business and make money as long as it is legal.  Just like casino on cruise ship,  they r not breaking law by having the operations done in international waters. Oil laundry at International water is not a crime.

[Scythian]

News Reported glaring loophole allowing the largest volume of cheap Russian oil imported by Singapore.

Who's benefitting from GST?

Maybe it's for those lower income receiving GST vouchers

[Scythian]

USA must sanction Aust for NOT following master order. Total dog like practice.

Singapore doesn't take sides

But Singapore told Asean leaders to choose between US and China?

A joker

[Ola]

Russain oil is sanctioned yet Traders mix the oil

Waiting for USA to come and catch

then fine millions, arh??

[Scythian]

Russain oil is sanctioned yet Traders mix the oil

Waiting for USA to come and catch

then fine millions, arh??

Singapore traders selling mixed cheap Russian crude oil internationally is in violation of international Law and Rule of Law as it's  classified as " accomplice " to contravene trade sanctions.

Unaware of the consequences, those end users were indirectly financing Russian oil trades.

[Scythian]

Singapore traders selling mixed cheap Russian crude oil internationally is in violation of international Law and Rule of Law as it's  classified as " accomplice " to contravene trade sanctions.

Unaware of the consequences, those end users were indirectly financing Russian oil trades.

Similar law applies as follows..

"Six people will be charged on Monday (Nov 4) with giving a criminal syndicate access to their bank accounts, which were then used to move almost S$8 million (US$6 million).

The three men and three women, aged between 20 and 35, were arrested in June 2023. They are suspected to have been involved in a spate of banking-related malware incidents."

[Niubee]

Singapore traders selling mixed cheap Russian crude oil internationally is in violation of international Law and Rule of Law as it's  classified as " accomplice " to contravene trade sanctions.

Unaware of the consequences, those end users were indirectly financing Russian oil trades.

Report to USA Yank Govt.

[Scythian]

Report to USA Yank Govt. 

You have just done so..

Thank you

[Scythian]

Report to USA Yank Govt. 

Since Oil traders paid GST for buying largest quantity of cheap Russian oil..

If you were given GST vouchers specifically linking to such oil trades, were you worried or not?...

[Scythian]

Russain oil is sanctioned yet Traders mix the oil

Waiting for USA to come and catch

then fine millions, arh??

Singapore based on Principles

[Niubee]

Since Oil traders paid GST for buying largest quantity of cheap Russian oil..

If you were given GST vouchers specifically linking to such oil trades, were you worried or not?...

Spent finished liao lah... song ah

[Scythian]

Spent finished liao lah... song ah 

Very Good. You're helping the economy

[Scythian]

Sometimes, Singapore Govts policy is unpredictable 

Whereas Australia is quite straightforward -  nothing in between black and white