Decision to allow UK exports to Armenian firm under review over Russian links

Cygnet Texkimp was approved to export machines to Rydena, but ministers examining deal after Guardian highlighted founders’ links to Kremlin military supply chainMinisters are reviewing a decision to allow a British company to export hi-tech equipment to Armenia after the Guardian uncovered links to the Russian military supply chain.Cygnet Texkimp, based in Cheshire, was weeks away from exporting two machines that produce carbon fibre “prepreg”, a lightweight material that can be used in a range of civil and military applications. Continue reading...