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Even as Russia builds warm ties with China and India, the return of barter shows just how far the war in Ukraine has distorted trading relationships for the world's biggest producer of natural resources, three decades after the 1991 collapse of the Soviet Union ushered in Russian economic integration with the West.
Struggling to make ends meet, Lorraine Imperio swapped a pair of Nike slip-on shoes for a whole dressed chicken on an online bartering site, one of dozens that have sprouted up during the Philippines' virus lockdowns.
Mexico's government is considering a $120 million bid for a luxurious presidential jet after an unidentified prospective buyer offered to pay part in cash and part in medical equipment, a government official said on Monday.
The Trade Ministry’s international trade director general has said that a working group representing the Indonesian and Russian governments would soon meet to discuss the technical aspects of purchasing 11 Sukhoi fighter aircraft through a countertrade scheme.
