Payments between Russia and China have become almost impossible
18.07.2024 09:49
Direct payments from China to Russia with yuan have become very difficult or even impossible.
Some Chinese buyers of Russian agricultural products are facing payment problems.
The problem affects goods not only from agriculture, but also from other industries, writes Bloomberg .
Russian dealers have warned that imports of cars and auto parts from China could be halted due to payment disruptions.
The delays began to be seen after the US decision to tighten control over secondary sanctions.
Russia is also experiencing difficulties in settlement transactions with partners from the UAE and Turkey.
Trade with India is also difficult due to the rupee's incomplete convertibility.
