Reported about 23 hours ago
As Western sanctions tighten due to the Ukraine conflict, Russia is increasingly resorting to barter trade for the first time since the 1990s, exchanging wheat for Chinese cars and flax seeds for building materials. The rise in barter reflects strained economic conditions and the efforts to bypass complex sanction mechanisms. The Ministry of Economy has even published guidelines to facilitate these transactions, which are less traceable and help circumvent financial restrictions resulting from disconnections from the SWIFT system.
Source: YAHOO