According to the European Bank for Reconstruction and Development (EBRD), the Russian war of aggression against Ukraine and Western sanctions against Russia are fueling economic growth in some regions. “Economies in Central Asia and the Caucasus have benefited from intermediate trade to Russia, as well as capital inflows and educated migrants from Russia,” says a recent EBRD report. The EBRD states that real wages have risen – in contrast to other regions – and imports from the EU, the USA and Great Britain have increased enormously. This indicates that goods were resold to Russia via the Caucasus or Central Asia.
Ukraine-News: Selenskyj wants to set the course for victory in the spring
