Russia Sidesteps Western Punishments, With Help From Friends
A surge in trade by Russias neighbors and allies hints at one reason its economy remains so resilient after sweeping sanctions.
WASHINGTON A strange thing happened with smartphones in Armenia last summer.
Shipments from other parts of the world into the tiny former Soviet republic began to balloon to more than 10 times the value of phone imports in previous months. At the same time, Armenia recorded an explosion in its exports of smartphones to a beleaguered ally: Russia.
The trend, which was repeated for washing machines, computer chips and other products in a handful of other Asian countries last year, provides evidence of some of the new lifelines that are keeping the Russian economy afloat. Recent data show surges in trade for some of Russias neighbors and allies, suggesting that countries like Turkey, China, Belarus, Kazakhstan and Kyrgyzstan are stepping in to provide Russia with many of the products that Western countries have tried to cut off as punishment for Moscows invasion of Ukraine.
Continue read on nytimes.com