In Russia, the art of resourcefulness to circumvent international sanctions

by time news

View of the Aviapark shopping center in Moscow on November 11. Vladimir Gerdo/TASS/SIPA USA/SIPA

STORY – Local production and new suppliers in Asia overcome shortages of everyday consumer products and parts for industry. If life seems normal in Moscow, some indicators are turning red.

Correspondent in Moscow

Sergei Kulik keeps his spirits up. His five-hectare oyster farm in southern Crimea has an annual capacity of 400,000 oysters and sixty tons of mussels. Certainly, the sanctions – imposed since the annexation of the peninsula in 2014 – and the war in Ukraine, leading to a drastic drop in tourism, weigh heavily on its activity. But the 62-year-old entrepreneur is still optimistic about the development of his family business – and its ability to weather the repercussions of a long-lasting conflict. Thus, he explains that he can always obtain, in France and Ireland, the spat, the fragile and essential oyster fry that a three-year cycle brings to maturity. “We now go through Tunisia and Turkey and of course it is more expensive”he said without going into details.

Similarly, the large buoys, necessary for the immersion of the traps, no longer come from Italy but are manufactured in Saint Petersburg and…

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