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Russia has reached a record surplus despite Western sanctions

Russia has reached a record surplus despite Western sanctions

In Russia, record levels of foreign trade surplus are recorded against the background of the introduction of sanctions. The volume of exports in the country has reached $ 70.1 billion, according to the American edition of The National Interest.

The growth of the foreign trade surplus was influenced by the strengthening of the ruble, as well as high commodity prices and Russia's ability to export oil, gas, grain and gold.

It is claimed that in the EU countries, meanwhile, sanctions against Russia are felt more strongly: EU countries lack fuel due to a reduction in supplies from Russia, and rising energy prices spur inflation.

The publication claims that at the moment restrictions bring more problems to the whole world than to Russia itself. At the same time, from an economic point of view, the country "has not suffered a single gram."

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Author: Alexander Baigazin

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