The Dutch government has issued 91 waivers from sanctions against Russia since the country invaded Ukraine late in February, RTL Nieuws reports after talking to the Ministries. The ministries shielded the names of the companies involved, the value of transactions which were exempted, and the business sectors concerned, RTL Nieuws reported.
Netherlands trade with Russia actually risen by 32% since war started, their exports to Russia fallen by 52% while imports from Russia risen by 74%. The article i linked is pretty interesting. NYT, basically official press of USA regime, is openly stating the sanctions fell flat on face.
their exports to Russia fallen by 52% while imports from Russia risen by 74%
That’s kind of what I mean, yes? They’re importing quite a lot, presumably in exchange for currency - as suggested by the falling exports. And what happens to said currency? It cannot be spent (due to sanctions and other factors). It just gets stashed away to keep the ruble value artificially low. And then gets burned away or locked out.
Netherlands trade with Russia actually risen by 32% since war started, their exports to Russia fallen by 52% while imports from Russia risen by 74%. The article i linked is pretty interesting. NYT, basically official press of USA regime, is openly stating the sanctions fell flat on face.
Don’t suppose anyone has an unpaywalled version of the article?
That’s kind of what I mean, yes? They’re importing quite a lot, presumably in exchange for currency - as suggested by the falling exports. And what happens to said currency? It cannot be spent (due to sanctions and other factors). It just gets stashed away to keep the ruble value artificially low. And then gets burned away or locked out.
Like 3/4th of the world still accepts western money from Russia.