Analysis: Russia and Asian partners bet on currency deals to expose CAATSA loopholes

Key Points
Russian banks sign deals with counterparts from China and India to facilitate defence trade through local currencies
The move is aimed at circumventing US sanctions through CAATSA, which highlights requirements to close certain ‘loopholes’
Russia’s VTB Bank has …read more

Read more here:: Janes (Naval)

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.