Wheat for Cars, Seeds for Materials: Russia Revives Barter Amidst Crippling Sanctions

While still small compared with other alternative payment methods, barter has been revived in Russia to circumvent Western sanctions and mitigate risks to payment agents. Several such operations were identified, including exchanges of Chinese cars for Russian grain and flax seeds for raw materials. Russia Returns to Barter Trade to Counter Crippling Western Sanctions Russia, […]