HomeEconomyRussia and Pakistan have...

Russia and Pakistan have moved to exchange goods because of the sanctions

Photo: Russian ZMI (pictured)

The Russian company Astarta-Agrotrading entered into an agreement to export chickpeas and lentils in exchange for Pakistani tangerines and rice.

Russian and Pakistani companies have launched a barter trade mechanism amid difficulties arising from making mutual payments, The Moscow Times reports.

Russian company Astarta-Agrotrading will export chickpeas and lentils in exchange for tangerines and rice from Pakistani Meskay+Femtee Trading Company. In particular, the Russian company will provide 20 thousand tons of chickpeas, while the Pakistani company will provide 20 thousand tons of rice, the agreement says.

Under another contract, the Russian side will provide 15 thousand tons of chickpeas and 10 thousand tons of lentils in exchange for 15 thousand tons of tangerines and 10 thousand tons of potatoes.

“There are certain difficulties in making mutual payments between Russia and Pakistan. Therefore, these two companies have decided to use barter trade,” explained Pakistani Deputy Minister of Trade Nasir Hamid.

Barter trading schemes, which do not involve money transfers or bank payments, help companies avoid unnecessary attention from Western sanctions monitors.

The Ministry of Economic Development of the Russian Federation has prepared a navigator for foreign trade barter agreements, according to which various options for barter and its implementation are offered, including trilateral barter agreements.

We remind you that the United States has imposed sanctions against Russian virtual financial platforms PM2BTC, Cryptex and individual citizens of the Russian Federation for cybercrime and money laundering.

Europe is preparing a new type of sanctions against Russia – media
New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

5 Doramas with sad stories of separate brothers in childhood

Check out five exciting doramas that explore the journey of separate...

The impressive whale that inspired a BTS song

Discover the story of the whale discovered almost forty years ago...

- A word from our sponsors -

Read Now

Orban’s government literacy literally forced the Hangrov to vote against the entrance to Ukraine to the EU

The Orban government called on the Hungarians to vote against the membership of Ukraine in the European Union. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The Hungarians began to...

5 Doramas with sad stories of separate brothers in childhood

Check out five exciting doramas that explore the journey of separate childhood brothers and the reunions marked by secrets and mysteriesSome stories do not start with reunions, but with farewells, bringing dramatic development to the plots. In the doramas, plots on siblings separate in childhood mix emotion,...

The impressive whale that inspired a BTS song

Discover the story of the whale discovered almost forty years ago that inspired the creation of one of the BTS discography songsHave you heard the song "Whalien 52" from BTS? The song is part of the album "The Most Beautiful Moment in Life PT.2", released on November...

Dawn of BBB 25 has cooler released, celebration of finalist and nostalgia of the program

In the early hours of Saturday, several things happened on reality, including the definition of the first finalist of the program, GuilhermeEarly in the early hours of Saturday, 19, the Big Brother Brazil 25 House, known for its intense surveillance, was the scene of a lively dialogue...

In Kyiv, Pole Politsikov with protest in ophthalmokh

In Kyiv, near the movie "October" there was a clash of police with protesters. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Today the cinema is held at the LGBTK+...

In the Kherson region on Easter, set the light mode

In the Kherson region, on Easter, street lighting and light in residential buildings were prohibited in the dark. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The ban is valid...

Increase in Ukraine for downtime of the United States, assistance appeared only in Rasin -S -Sima Sim from the version of the text of...

The mention of debts for assistance in the United States, provided in negotiations on minerals only once - in the widespread version of the media of the text of the agreement. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height:...