The new trading partners that they have signify a considerable about-face and is difficult to turn away from (as Russia's population and export/import direction is heavily based in the European part of Russia)
And, as the article clearly states - the new trading partners are getting a big pound of flesh out of Russia
Furthermore, the bulk of Russia's exports before they invading Ukraine for the second time in Feb 2022 were to high profit margin markets in Europe. Now, Russia is not only selling at break-even if not at a loss, but is also selling in the market's currency and keeping the money there (as the article states)
Turkey is broke and China is increasingly failing. The Russian connection is mostly hype to cloud the withering Russian economy
India is importing the super cheap Russian oil and exporting gasoline and laughing all the way to the bank.
Turkey is broke and China is increasingly failing. The Russian connection is mostly hype to cloud the withering Russian economy
India is importing the super cheap Russian oil and exporting gasoline and laughing all the way to the bank.