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Weaning the west off Russian and Ukrainian commodities


MongiIG

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If nothing else the Russian invasion of Ukraine, and the subsequent sanctions imposed on Russia, have highlighted the Achilles heel of the west. Now comes the drive to find ways to substitute commodities that come out of the east.

Speaking with IGTV's Jeremy Naylor, John Meyer from SP Angel says it will be relatively easy to substitute most of Russian exports but very difficult for the west to shift its reliance on China.

 

 

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