How Russia circumvents Western sanctions by creating its own parallel economy

Russian economists at the independent think tank Center of Analysis and Strategies in Europe report that Russia has set up a self-sustaining network of international financial and trade mechanisms. Payments are becoming increasingly opaque and undermining Western control.

Mar 5, 2025 - 07:05
How Russia circumvents Western sanctions by creating its own parallel economy
Russian economists at the independent think tank Center of Analysis and Strategies in Europe report that Russia has set up a self-sustaining network of international financial and trade mechanisms. Payments are becoming increasingly opaque and undermining Western control.

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