Russia could redirect $37 billion in supplies to friendly countries

FBA “The Economy Today”

Countries friendly to Russia can import Russian goods worth about $37 billion. This assessment is given by the authors of the report “Development of the EAEU 2022+: strategic tasks and time requirements”, writes RBC.

The main flow of $16 billion will go to China. Fourteen other countries will be secondary partners among the main ones. They will buy goods ranging from metals to Russian-made nuclear reactors.

Russia is forced to redirect trade flows that previously went to Europe and the United States due to the sanctions policy of Western states. It aims to increase costs for the Russian Federation and affect the country’s economy.