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Pakistan, Russia firms ink barter deal to bypass sanctions: Report
short by Mansi Agarwal / on Thursday, 3 October, 2024
Two companies from Russia and Pakistan have signed a barter deal to bypass Western sanctions imposed on Russia over its invasion of Ukraine, TASS news agency reported. Under the deal, Russia's Astarta-Agrotrading will send chickpeas and lentils to Pakistan's Meskay & Femtee in exchange for mandarins and rice. This allows firms to avoid bank transactions that are under international scrutiny.
read more at Moneycontrol