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This is happening exactly as you suspect. Russia is going places in the world of agriculture. It is a sector that is like telecoms in that a country that is be
by Theodores 7y ago
This is happening exactly as you suspect.
Russia is going places in the world of agriculture. It is a sector that is like telecoms in that a country that is behind can leapfrog the West by putting in new infrastructure.
This agricultural trade is working out with new markets sought for organic produce, 'kosher' food items and plenty else. It is also two way so Russia is best buddies with Turkey these days with agricultural trade being part of the deal.
Recently Russia signed up to have Huawei put in their 5G network. There is an on-going ambition to boost bilateral trade between China and Russia. Although dollar denominated, this trade is really 'barter', China get their soybeans, Russia get their 5G network. It is a win-win for both sides.
Also to remember is that Russia has had sanctions that have led to a certain level of self sufficiency. Hence the emphasis on the agricultural sector as well as manufacturing things like cars. Weapons sales are part of the picture too, good for foreign currency reserves.
I think patience is running out in China and in Russia with the UK/USA and their vassal states. The recent efforts to start conflict in Venezuela and Iran have been met with resolve from both China and Russia.
The world was unipolar after 9/11 with Western dominance in telecoms. Now it is a multi-polar world and all of that early dominance in mobile telecoms has evaporated. Had the UK/USA not been fighting pointless wars in places like Afghanistan, Iraq and Libya (to name a few) then I don't think this situation of backwardness would have arisen.