Warning! Putin’s new trick might land you up buying Russian goods

    Warning! Putin's new trick might land you up buying Russian goods
    Warning! Putin's new trick might land you up buying Russian goods

    To evade sanctions, Russia is trying to involve third countries through economic and other alliances.

    Under the influence of international economic sanctions, Russia’s economy is already significantly degrading. Industries dependent on technologies and components of foreign production are particularly suffering.

    To avoid sanctions restrictions Russia, having close ties within the framework of economic and other unions and unions, tries to involve third countries.

    According to Ukraine’s military intelligence, Moscow intends to organize component production for Russian military and dual-use items in CSTO nations, particularly those that need the use of foreign components. Furthermore, it will enhance the CSTO members’ economic reliance on Russia.

    Moscow is also in talks with Georgia, Armenia, and Azerbaijan to re-export Russian products to overseas markets, according to the Ministry of Defense. Georgian, Armenian, and Azerbaijani items will be supplied and re-exported to third countries. In these countries, more than 200 businesses have already established themselves.

    Armenia makes it easier for Russian enterprises to do business, particularly in the IT sector. About 85,000 Russian people and 113 IT businesses have arrived in Armenia since the start of Russia’s large-scale war against Ukraine. About 1,000 private firms and more than 250 “LLCs” have been established in Armenia by Russian individuals, which will pay taxes to both Armenian and Russian budgets.

    Armenia makes it easier for Russian enterprises to do business, particularly in the IT sector. About 85,000 Russian people and 113 IT businesses have arrived in Armenia since the start of Russia’s large-scale war against Ukraine.

    About 1,000 private firms and more than 250 “LLCs” have been established in Armenia by Russian individuals, which will pay taxes to both Armenian and Russian budgets.

    Kazakhstan has already shown its interest in purchasing components built in Germany from JSC Ulyanovsk Mechanical Plant, a leading Russian manufacturer of air defense systems.

    Image Credit: Getty

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