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Russia-China trade payments are facing months of delays as sanction fear creates a banking shortage

Secondary sanctions are discouraging Chinese banks from working with Moscow, placing pressure on one Russian bank to facilitate trade, Reuters says.


  • Apr 07 2024
  • 76
  • 7646 Views
Russia-China trade payments are facing months of delays as sanction fear creates a banking shortage
Russia-China trade payments are facing months of delays as sanction fear creates a banking shortage
VTB said it could not make payments in dollars due to sanctions.KIRILL KUDRYAVTSEV/Getty Images
  • Russian oil firms are waiting months to receive payments from trade partners, Reuters reporte… [+2017 chars]

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