Ukraine launches 'largest ever' drone attack on occupied Crimea & Russia's secret trade routes
Ukraine: The Latest
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Trade Diversion and Russian Imports: Finding Alternative Routes
This chapter delves into the phenomenon of trade diversion in Russian imports, exploring how goods are disappearing in transit and reappearing through alternative trade routes. It discusses the loophole in the sanction regime, where companies profit indirectly from sales to Russia through exports to Kazakhstan. The chapter also highlights the challenges of policing this issue and suggests lowering the price cap on Russian oil as a potential solution.
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