Russian companies have established a barter trade system with Pakistan to facilitate economic exchanges without the need for monetary transactions, as they seek to overcome challenges with payments related to Western sanctions on Moscow.
The alternative trade arrangement was signed at the first Pakistan-Russia Trade and Investment Forum in Moscow. According to the Russian state media outlet TASS, the first Russian company to use the mechanism will be Astarta-Agrotrading, which will supply Pakistan with chickpeas and lentils. Pakistan’s Meskay + Femtee Trading Company will reciprocate by providing mandarins and rice.
Under the terms of the agreement, Russia will export 20,000 tons of chickpeas, while Pakistan will supply an equivalent amount of rice. Another contract stipulates that Russia will send 15,000 tons of chickpeas and 10,000 tons of lentils in exchange for 15,000 tons of mandarins and 10,000 tons of potatoes.
They’ve been bombed back into a barter economy
*Sanctioned but yeah.
Boo-fucking-hoo
“Please ignore the missiles hidden inside the crates of mandarins.”
Quick, let’s all go collect sea shells, send them to Russia for free and deal the death blow to their economy by hyperinflation!!
St. Petersburg demands pearls.
Trading shelf stable beans for perishable oranges and potatoes at a 1:1 ratio…
As if mandarins weren’t expensive enough.
