Russland akzeptiert angesichts von Zahlungsschwierigkeiten Mandarinen statt Geld – The Moscow Times

https://www.themoscowtimes.com/2024/10/02/russia-to-accept-mandarins-instead-of-money-amid-payment-difficulties-a86543

16 Comments

  1. UnCommonCommonSens on

    From accepting mandarins to speaking mandarin in 3-2-1-….

  2. Horsepankake on

    Summary:

    Russian companies have established a barter trade system with Pakistan to bypass challenges posed by Western sanctions on Moscow, enabling economic exchanges without monetary transactions. The deal, signed at the Pakistan-Russia Trade and Investment Forum in Moscow, allows Russia’s Astarta-Agrotrading to supply chickpeas and lentils to Pakistan, while Pakistan’s Meskay + Femtee Trading will send mandarins and rice in return. One contract involves 20,000 tons of chickpeas for an equivalent amount of rice, while another includes an exchange of 15,000 tons of chickpeas and 10,000 tons of lentils for mandarins and potatoes. The barter system was developed due to payment difficulties amid sanctions, offering a way to trade without attracting attention from monitoring organizations.

    Barter trade between Russia and other countries, including China, has been explored previously as an alternative to conventional payments. Though discussions with China about resuming barter trade in metals and agricultural products have been slow, Russia and China are also working on a BRICS Bridge payment system, expected to be operational by 2028.

  3. bearfeet55 on

    So can the wives and mothers who lost their loved ones expect a mandarin along with the onion and potato, or will be instead of?

  4. The Russian economy is totally fine. Barter is even better than using currencies because banks are bad and capitalism is bad, ok?

    /s

  5. Stripedpussy on

    Working around sanctions we should find out who does the trading and block all of their bank accounts even if they dont use em for this trade, want to trade with russia than that will be your only trading partner.

  6. Available-Garbage932 on

    How about sour grapes? I understand Russia has a surplus of them.

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