In the meantime pessimistic forecasts

Enterprises were able to quite quickly develop new economic ties within the country and in the external market to replace those lost as a result of sanctions that limit import supplies and financial transactions, as well as the withdrawal of foreign business. On the part of the state, this was facilitat by some easing of regulation – in particular”said Akindinova. “No one expect that parallel imports would be so successful,” Stanislav Murashov, macroeconomic analyst at Raiffeisenbank, support this argument. “And no one expect that Russia would be able to rirect the shortfall in oil and gas supplies to other countries so quickly.

The permission of parallel imports

Many people were conservative in their assessment of this Belgium Phone Number List moment.” In the first six months of 2022, sales of Russian oil to India jump by 900%, a result that analysts did not count on. At the same time, sales to European countries decreas slightly: from February to August they fell by 30%. In fact, the EU countries continu to buy Russian oil, despite statements about the impending rejection of energy from Russia. “In reality, the restrictions were negotiat slowly and came into force gradually over the course of 2022,” Ankindinova explain.

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The rapid imposition of sanctions

This was accompani by an increase in prices on the USA CFO world market, the level of which, even taking into account the discount on Russian oil, made it possible to increase the nominal volumes of exports and oil and gas revenues to the feral budget.” suggest  in the form of a complete embargo on Russian energy resources. Some Western analysts warn about the stability of the Russian economy in early February 2022. Bloomberg Economics analyst Scott Johnson wrote that high oil and gas prices would help Russia offset losses from sanctions on trade, investment and banking operations. The record reserves accumulat by the Russian Central.

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