Bloomberg: Swiss equipment exports to Russia increase due to sanctions

According to Swiss customs, in May and June 2022, the export of equipment from the country to the Russian Federation increased sharply due to the desire of manufacturers to have time to fulfill the obligations signed before the introduction of anti-Russian sanctions. This has been reported Bloomberg.

The publication states that exports of turbojet and turboprop engines, as well as other gas turbines, ranged from 1 million Swiss francs ($1.04 million) to 2.5 million francs per month between January and April 2022.

The agency emphasizes that Switzerland’s export volume to Russia (492 million francs) in June was 83% higher than in January. This happened due to the sale of pharmaceuticals, drugs, diagnostic products.

Previously, it was known that Turkish goods will be exported to Russia in June 2022, according to the Turkish Statistical Institute. showed In the face of sanctions from European countries and a decrease in the volume of supplies to the Russian Federation, a sharp increase reached 46% compared to June last year.

The volume of products imported from this country increased by 52% compared to the previous month and became 791.4 million dollars, while it was 519 million dollars in May.



Source: Gazeta

Popular

More from author

Kremlin explained Putin’s May holiday plans 13:33

Russian President Vladimir Putin will spend the May holidays in a working rhythm. Press spokesman Dmitry Peskov writes that the head of state...

Parents told what to do if their daughter is in a depressed mood 13:34

Often parents may notice that their daughter has lost interest in things she used to enjoy. This behavior is one of the symptoms...

VTB doubts cooling effect of base rate 13:22

VTB doubted the ability of the Bank of Russia's current 16 percent key interest rate to cool the overheating Russian economy. This was...

Belarusian KGB: The West is establishing puppet structures in case of invasion of the republic 13:34

The West is establishing puppet structures in border countries in case of invasion of Belarus. The country's KGB reported this TASS. The ministry noted...