Russian businesses have learned how to make payments to Turkey for sanctioned goods


The director of a company that imports industrial equipment from Turkey contacted Business FM. According to him, payments are made without any problems or delays. What do market participants think about this and how many companies manage to bypass restrictions?

Photo: imago images/GocherImagery/TASS

The Business FM interlocutor had to go through a lot of effort during the first two months of 2024 to make a payment to Turkey. His company imports cooling equipment for production in Russia. They used to import from Europe, but then switched to Turkey, which is more profitable and easier. The goods are technically under sanctions. At first, payments were difficult, but as claimed by Anton Demin, the CEO of “Eurochiller Rus,” they managed to find two stable payment options.



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