A UAE official, in response to Reuters' request for comment, said the country "strictly abides by UN sanctions and has clear and robust processes in place to deal with sanctioned entities." It has not matched global sanctions imposed on Moscow. Political Cartoons on World Leaders View All 226 ImagesThe U.S. State Department declined to comment when asked about the WSJ report. The UAE official added the UAE remained in close dialogue with international partners including the U.S. and European Union about the conflict in Ukraine and its implications for the global economy. "UAE banks, under the supervision of the Central Bank and other relevant authorities, monitor compliance with sanctions imposed on Russia to prevent violations of international law," the UAE official said.

Source: Wall Street Journal September 04, 2023 22:54 UTC