Xi/Putin
Bartering could help Russia skirt sanctions.
  • Russia and China could revive barter trade to counter Western sanctions, Reuters reported.
  • Other countries that have looked at barter trade with Russia include Afghanistan, Iran, Pakistan, and India.
  • Barter trade would allow Russia to bypass sanctions but could pose accounting challenges.

Russia and China are planning to revive the age-old practice of barter trade to get around Western sanctions, Reuters reported on Thursday.