The President of AvtoVAZ reported refusals of cooperation after Western sanctions

2023-11-20 16:45:10

“The consequence of this [введения санкций] There have been new mass refusals from foreign suppliers, sub-suppliers, financial institutions, and banks to cooperate with our auto industry. Thus, foreign banks simply block both our outgoing payments and those to AvtoVAZ, if we talk about export products,” said Sokolov (quote by RBC).