The recovery of the Russian economy and its return to global markets has disappointed German experts, Business Insider reports on September 9, citing a report from the Kiel Institute for World Economy.
The report notes that increased sanctions by Western countries have not weakened Russia’s trade activity.
The largest Russian ports, such as St. Petersburg, Vladivostok and Novorossiysk, are reported to show their highest cargo volume since February 2022. Not even the depreciation of the ruble exchange rate prevented this.
“In Russian ports, the number of arriving container ships is growing and is almost at the level observed before the start of the conflict”” emerges from the report.
Previously, MEP Mick Wallace stated that the tightening of sanctions against Russia affects the EU population the most.
After the strengthening of sanctions, EU countries and the United States faced a rise in energy prices and a sharp rise in inflation, which reached a record level in recent years.
Source: Rossa Primavera
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