Parallel economy : How Russia is defying the West’s boycott | Russia-Ukraine war

Parallel economy: How Russia is defying the West’s boycott | Russia-Ukraine war | Al Jazeera
▻https://www.aljazeera.com/economy/longform/2024/4/24/parallel-economy-how-russia-is-defying-the-wests-boycott

In 2023, imports reached 99.7 percent of pre-war levels, according to the Russian central bank.

[…]

Burmistrov said he is aware of Western companies that have threatened to blacklist Russian partners over their use of parallel imports, although he declined to name any firms.

“Then, there are those who turn a blind eye to the issue.

Finally, there are those who continue actively trading with Russia through intermediaries, effectively facilitating parallel imports themselves”.