Russia, President Vladimir Putin at the Eastern Economic Forum in Vladivostok
EU, the real numbers on sanctions against Russia: exports to the Caucasus countries have exploded
The consequences of the outbreak of war in Ukraine they seemed to have brought to the interruption total of trade Between Europe And Russia, as well as with the countries of Russian influence, but in reality things are not like that. The commercial exchanges for example with the countries of Caucasus – according to the economist Robin Brooks of Brookings and reported by La Stampa – are continued at record pace. The most significant example is that of Italy and of Germany with the Kyrgyzstan. In both cases, the exports increased by 1,000% in nominal terms. For Rome we are talking about values, at the end of 2023, of approximately 231 million euros (UN data). There were 26 million at the end of 2021, on the eve of the Russian invasion of Ukraine.
The sanctions against Russia – according to Brooks – are “systematically evaded“, as well as according to one of the latest reports from European Bank for Reconstruction and Development (EBRD). The most significant example of how sanctions against Moscow are circumvented – continues La Stampa – is represented by the region of Talas, mountainous area of Kyrgyzstan. According to data from the International Monetary Fund presented by Brooks, and confirmed by Washingtonin 2022 and 2023 the goods transported in Talas were respectively 11.8 million and 14.9 million Of tons. In 2021, before the Russian invasion of Ukraine, the calculation stopped at a high level 2.7 million tons.
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