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As in the 1990s: Russian Economy Must Resort to Exchange Transactions
2 Articles
2 Articles
The Western sanctions ensure a revival of an old trade method in Russia: the barter trade. Thus, various products are transferred with Chinese partners. The responsible Ministry of Economy provides the guidance.
Barter trade is once again becoming a common form of business in Russia's foreign trade, as companies seek to circumvent Western sanctions. This solution allows them to avoid financial transactions. However, the last time barter trade was used on such a large scale in the country was in the 1990s.
Coverage Details
Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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