Hong Kong's Role in Global Sanctions Evasion Exposed

New reports reveal Hong Kong's critical function in bypassing technology sanctions to support Russia and Iran's military efforts.

Hong Kong's exports of advanced technology to Russia and Iran have surged, undermining international sanctions.
A report highlights how Hong Kong businesses and government policies facilitate the smuggling of semiconductors and other restricted goods.
Transshipments of high-priority items through Hong Kong have decreased this year but remain significant.
Hong Kong's regulatory environment allows rapid creation and dissolution of companies, aiding sanctions evasion.
US and EU are urged to strengthen resources to target Hong Kong's role in the illicit trade.