Wheat for Chinese cars? Russia turns to barter to skirt sanctions.
Facing sanctions and SWIFT disconnection, Russia turns to barter in foreign trade, reminiscent of the 1990s. Aided by an economy ministry guide, companies swap goods like wheat for Chinese cars, bypassing traditional financial routes. While the scale is unclear, this resurgence reflects de-dollarization and sanctions pressure, with some transactions even facilitating the import of Western goods.