Reported about 5 hours ago
Russia and Vietnam have reportedly devised a secret strategy to finance defense contracts while evading US sanctions, by channeling profits from their joint oil and gas ventures into military purchases from Moscow. According to leaked Vietnamese documents, Vietnam is acquiring military assets on credit, then repaying those loans with profits generated from a joint venture in Siberia, avoiding conventional financial systems. This arrangement emerges amid escalating US pressures on both countries and reflects Vietnam's efforts to maintain a strategic balance in its military partnerships, especially in light of its growing ties with the US.
Source: YAHOO