In the context of the sanctions imposed by the West, Russia is resuming trade barter, a practice from the '90s, to facilitate external exchanges. Russian companies are exchanging goods such as wheat and flax seeds for cars and construction materials from China. The Russian Ministry of Economy has issued a guide for barter transactions, suggesting the creation of a trading platform. Although the exact volume of these transactions remains unclear, barter is becoming an increasingly common solution to avoid sanctions, especially after the disconnection of Russian banks from the SWIFT system.
Sources
Latest News
23:10
Saudi Arabia, Turkey, and Pakistan establish a secretariat for common defense
22:25
Diana Buzoianu ironizes the PSD resolution: "A paper with many promises"
22:00
The European Union intensifies operations against Russia's phantom fleet.
21:10
"I will be hanged if I do not conquer Donbas". Putin fears for his life because of the war in Ukraine.
20:18
Poland intercepted a Russian reconnaissance aircraft over the Baltic Sea, 30 km from the coast.
See more news