UK car industry sees surge in sales to Azerbaijan following sanctions on Russia

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Added 1 month ago by VideoK

9 Views

The British car industry sent another £40 million of cars to Azerbaijan in the first month of 2024, raising fresh questions about whether those vehicles are being sent there to circumvent sanctions on Russia.

New data from HMRC shows that direct car exports to Russia remain at zero, where they have been since the imposition of sanctions in 2022 - but in January £43 million worth of cars were sent to Russia's neighbour Azerbaijan.

The UK's Society of Motor Manufacturers and Traders has insisted the unprecedented 2,000% increase has nothing to with Russia and is evidence the former Soviet state has a "flourishing market in its own right".

Sky's economic editor Ed Conway analyses the figures, read more here: https://trib.al/wETor6s

#Sanctions #Azerbaijan #Russia

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales