economy
April 3, 2026
Russian foreign trade not declining since 2022, despite sanctions
According to Deputy Head of the Russian Presidential Administration Maxim Oreshkin, the geography and currency of payments changed over that period
TL;DR
- Western nations aimed to isolate Russia economically in early 2022.
- Russia's foreign trade volumes have not declined since 2022.
- Trade volumes have even increased in certain areas.
- The geography and currency of payments have changed.
- The value of Global South currencies in supporting trade is expected to grow.
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