{"id":48718,"date":"2024-02-22T17:00:00","date_gmt":"2024-02-22T16:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=48718"},"modified":"2024-02-23T08:43:53","modified_gmt":"2024-02-23T07:43:53","slug":"triple-eu-intermediaries-sell-russia","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/triple-eu-intermediaries-sell-russia\/","title":{"rendered":"The triple EU: intermediaries to sell in Russia"},"content":{"rendered":"
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The European rhetoric has been clear for two years: it is necessary to economically block Russia. That is why trade ties with the country led by Putin were broken. But the reality is that the countries of the European Union skip their own sanctions and sell to Russia through countries like Kyrgyzstan, Georgia or Kazakhstan, making the Russian economy the fastest growing in the G7.<\/b><\/h3>\n

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On the second anniversary of <\/span>Russia’s invasion of Ukraine, it is impossible to predict how much longer this war will last or who will win it<\/b>. What can already be said is that European pressure measures have not been of much use, if the objective was to suffocate Russia economically. A few weeks ago the <\/span>International Monetary Fund had to revise its forecasts for the Russian economy<\/b>. They had estimated that Russian GDP would stagnate in 2023 at 1.1% growth and finally stood at 2.6%, <\/span>becoming the fastest growing G7 economy<\/b>. Not only that, the Russian government estimates that in 2024 its growth will accelerate to 3.5%.<\/span><\/p>\n

How is it possible, if the EU has approved more than a dozen economic and trade sanctions to strangle the economy of its Russian neighbours? <\/span>Because the reality is that the European positioning is more rhetorical than real<\/b>. Blocking Russia seriously would imply much more serious damage to the economy of some European countries that are not there to shoot rockets, never better said. European hypocrisy has been highlighted for months by <\/span>Robin Brooks, former IMF economist<\/b>. A sufficiently clear example: exports of cars, engines, or vehicle parts from <\/span>Germany to Kyrgyzstan have increased by 5,500%<\/b>.<\/span><\/p>\n

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German exports of motor vehicles and parts (blue) to Kyrgyzstan are up 5500% since Russia invaded Ukraine. You don't have to be a rocket scientist to know that all this stuff is heading to Russia. It's not like Kyrgyzstan is suddenly in a massive boom. Germany has to stop this… pic.twitter.com\/aVZs7Ji3mO<\/a><\/p>\n

— Robin Brooks (@robin_j_brooks) November 26, 2023<\/a><\/p><\/blockquote>\n